1506 N MADISON AVE, Clearwater, FL 33755
1506 N MADISON AVE, Clearwater, FL 33755
1506 N MADISON AVE, Clearwater, FL 33755
1506 N MADISON AVE, Clearwater, FL 33755
1506 N MADISON AVE, Clearwater, FL 33755
1506 N MADISON AVE, Clearwater, FL 33755
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$ 639,000
Est. payment | /mo

4 Beds

4 Baths

2,184 SqFt


Save
$ 639,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,184 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,184 sqft

Price per Sqft $292

Subdivision Fairmont Sub

MLS Listing ID TB8534856

Bedrooms 4

HOA Y/N No

Year Built 1959

Annual Tax Amount $5,947

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Quadruplex

Source Stellar MLS

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.

Location

State FL

County Pinellas

Community Fairmont Sub

Area 33755 - Clearwater

Interior

Interior Features Other

Heating Central

Cooling Central Air

Fireplace false

Laundry Other

Exterior

Exterior Feature Other

Community Features Association Recreation - Lease

Utilities Available Public

View Y/N No

Water Access No

View Park/Greenbelt

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by Jerome Thompson FUTURE HOME REALTY INC

Schools and Properties Nearby

Alyira Ruiz

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1506 N MADISON AVE