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(386) 960-0076
Stork Real Estate
708 N Saint Clair Abrams Avenue, Tavares, FL 32778
- $319,000
- 5
- BD
- 3
- BA
- 2,549
- SqFt
- List Price
- $319,000
- Price Change
- ▼ $20,000 1791669919
- MLS#
- O6373379
- Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,549
- Lot Size
- 11,050
- Subdivision
- Tavares Nutts Sub
- Year Built
- 1949
Property Description
Back on the Market due to buyers financing. Priced to SELL!!! Price Improvement!!!– Prime Investment Opportunity in Tavares! Unit 708: Recently updated, with fresh paint and fixtures. Don’t miss this exceptional income-producing triplex located at 708 North St. Clair Abrams Ave — a rare opportunity to own a multi-unit property in a growing area with strong rental demand and excellent upside potential. This well-maintained property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances for added tenant privacy and convenience. Recent updates include updated electrical systems and a new hot water heaters in all 3 units; giving investors added peace of mind and reducing future maintenance concerns. All units are currently leased on a month-to-month basis, offering flexibility for a new owner to increase rents to market value, implement improvements, or occupy a unit if desired. Unit Breakdown Unit A (708): 2 Bed / 1 Bath – Vacant Unit B (710): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit C (712): 1 Bed / 1 Bath – Currently $550/month – Month-to-Month Estimated market rents projected at $900–$1,200 per unit, creating substantial income growth potential. Current Annual Rental Income $24,600 annually Property Features & Expenses Utilities Included: Water & Trash ($220 average monthly) Property Taxes: $4,093.51 Insurance: $3,413/year Pest Control: $135/month + $95/quarter Additional Features Front & rear parking available Laundry: Unit A inside | Unit B in shed | Unit C N/A Units A & C feature fenced yards with patios Separate private entrances for all units Whether you’re expanding your investment portfolio or searching for your next value-add opportunity, this triplex offers immediate cash flow with long-term appreciation and rental upside. Conveniently located near shopping, dining, and major roadways, this property continues to be highly attractive for tenants and future leasing opportunities. Excellent opportunity for investors looking to maximize returns in a rapidly growing Central Florida market!
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Additional Information
- Community Features
- No Deed Restriction
- Annual Gross
- 24600
- Style
- Triplex
- Interior
- Ceiling Fans(s), Eat-in Kitchen
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen
- Appliances
- Cooktop, Range, Range Hood, Refrigerator
- Exterior Construction
- Concrete
- Exterior
- Private Mailbox, Private Yard, Storage
- Roof
- Shingle
- High School
- Tavares High
- Middle School
- Tavares Middle
- Elementary School
- Tavares Elem
- Located Near
- City Limits, Level, Paved
- Utilities
- Electricity Connected, Water Connected
- Floor
- Tile
- Heating
- Electric
- Cooling
- Central Air, Mini-Split Unit(s)
- Pool Type
- No Pool
Listing courtesy of ALL REAL ESTATE & INVESTMENTS.
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