Listed price in listed location currency (USD).
$487,000

430

MLS® TB8532067

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1375 sqft
Garage 
Taxes $4,568
Days Active 1
Lot Size 0.16 Acres
Approx. Age 1948
Avg. Price Per Sqft $354
MLS® Number TB8532067

Property Address: 725 New York St, CLEARWATER, FL, 33756-1135

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4, 425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside, the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1, 500 but could rent for 1, 600) and two 1/1 units (rented at 1, 425 and 1, 500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site.
MLS® NumberTB8532067
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1948
Basement
Driveway
Garage Spaces
HeatDuctless
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2026List Date
$487,000List Price
Nov 1, 2023End Date
$355,000Sold Price

Sold

Jul 15, 2024List Date
$399,000List Price

Home Appraisal

This property is estimated to sell between: $487,000 and $680,000.
Similar properties in this area sold on average for: $615,099
Expected to sell in 78 days. Similar properties sold in 79 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
725 New York St, Clearwater, FL

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