1114,1116,1118,1120&1128 Wyatt Street, Clearwater, FL 33756

$1,995,000
49
BA
7,736
SqFt

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List Price
$1,995,000
Price Change
▼ $255,000 1738038466
MLS#
U8210455
Type
Multifamily
Bathrooms
49
Living Area
7,736
Lot Size
85,813
Year Built
1969

Property Description

The Wyatt Street package consists of units on 5 adjacent properties with 8 rental units for the addresses being 1114,1116,1118 ,1120 and 1128 Wyatt Street on 2.0705 acres more or less with combined heated SQ FT of 7,665 more or less. The combined frontage on Wyatt St is 319 Ft more or less . The yearly annual gross income is $202,260 with annual net income of $166,609 providing over an 8% aprox. return on full asking price. All tenants are on leases except 1116 that is on month to month. Property is located at border of City of Clearwater and City of Largo. Do not go on property or bother tenants. The unit mix is as follows:1114 &1116 have a single family home ,1118 has 2 single family homes=2 units, 1120 has 1 single family home and a duplex with 2 units= 3 units and 1128 has 1 single family home =1 unit Total units are 8 rental units totaling 7,665 heated SQ FT on 5 separate adjoining properties of a combined 1.97 acres. All measurements and financials would need to be verified by prospective buyer. Also this offering would make a great 1031 exchange.

Additional Information

Community Features
No Deed Restriction
Annual Gross
202260
Style
Multi-Family 5+
Interior
Other, Thermostat, Walk-In Closet(s)
Interior Features
Other, Thermostat, Walk-In Closet(s)
Exterior Construction
Block, Metal Siding, Stucco, Frame, Wood Siding
Exterior
Other
Roof
Built-Up
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Electric
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of EQUITY PRO REALTY.

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