New Listing - 10/17/2024
617 Brookside DRIVE, Clearwater, FL, 33764
4 beds
1955
2,331 sqft
NO FLOOD ZONE + NEW SOLAR PANELS + TURNKEY INCOME PRODUCING PROPERTY. Welcome to this exceptional home in the sought-after Brookside Subdivision! This is a rare chance to own a turnkey investment generating $5k a month in rental income. The property currently produced an 8.65% annual Cap rate with an 11% cash on cash return with 20% down. The home features over 2331 sq. ft. of living space on nearly a quarter-acre lot. With 6 bedrooms, 3 bathrooms, and ample front parking, the layout is perfect for comfortable living or potential rental opportunities. The residence beautifully combines classic architectural charm with modern updates, including a renovated kitchen, upgraded bathrooms, and more. Ideal for first-time buyers or investors, this property also comes with solar panels (fully paid off at closing) to reduce your energy costs. Don’t miss out on this fantastic opportunity – all financing options are welcome!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Other
Units:
3
Subdivision:
BROOKSIDE SUB
Heating:
Central
Cooling:
Central Air, Mini-Split Unit(s)
Lot Size:
70 x 155
Acreage:
0.25
Est. Taxes:
$6,561
Construction
Stucco
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Other, Public
Elementary School:
Plumb Elementary-PN
Middle School:
Oak Grove Middle-PN
High School:
Clearwater High-PN
Pet Policy:
Cats OK, Dogs OK
Lease Term Type:
12 Months
MLS #:
TB8311392
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP Phone: 813-908-8788