This unique property features two separate homes, both privately fenced with their own yards, located just 2 minutes from downtown Clearwater! This is a fantastic opportunity for a savvy investor or someone with vision to restore and bring value to this property.
The back home is a well-maintained 2-bedroom, 1-bath rental, currently bringing in $1,800/month with long-term tenants in place—providing immediate income. The front house, a 3-bedroom, 1-bath, has sustained damage from a fallen tree and is currently not habitable. Previous to the damage, this house was bringing in $2000/month.
The insurance will cover the back unit but will not cover the front until it’s made habitable. Please note, this property is being offered as-is and will require either a cash offer or a construction loan due to the condition of the front house.
The property did not experience flooding during the recent storms, and the pictures of the front house show its condition prior to the damage from the tree.
Don’t miss out on this great opportunity to own two homes with great potential—whether you’re looking for a rental income property or a project to restore and flip!
Contact us today to schedule a viewing or get more information.