Harding Real Estate Team
BEDS4
BATHS
SQUARE FEET2,184
MLS#TB8534856
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFAIRMONT
Property Description
Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504-1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space.The property needs a little TLC, allowing the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach.Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $5,947
Year Built: 1959
Amenities
Other
Other
Feature Descriptions
Annual Net Income: 20280.00
Community Features: Association Recreation - Lease
Directions: From Gulf-to-Bay Blvd/SR 60, travel north on N Fort Harrison Ave. Turn right onto Palmetto Street, then left onto N Madison Ave. Continue north to 1504â??1510 N Madison Ave. The property is located beside the neighborhood park.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.23
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Combination Lock Box
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: FUTURE HOME REALTY INC
Agency Contact: 813-855-4982
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 4,256.34 per month $3,574.38 Principal & Interest $495.58 Property Tax $186.38 Homeowner's InsuranceChange Payment Information
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1506 N Madison Avenue | MLS# TB8534856
This multi-family property located at 1506 N Madison Avenue , Clearwater, FL 33755 is currently listed for sale with an asking price of $639,000. Search Clearwater real estate on www.hardingrealestateteam.com today.