725 New York St, Clearwater, FL 33756
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
725 New York St,Clearwater, FL 33756
$487,000
- 4 Beds
- 3 Baths
- 1,375 sq. ft.
- Multi-family
- Active
Listed by: jeremy dinh
Office: copeland morgan llc.
MLS#:TB8532067
Source:MFRMLS
Price summary
- Price:$487,000
- Price per sq. ft.:$354.18
About this home
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....
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Home facts
- Year built:1948
- Listing ID #:TB8532067
- Added:1 day(s) ago
- Updated:July 24, 2026 at 06:38 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Flooring:Luxury Vinyl
- Kitchen Description:Dishwasher, Refrigerator
- Bedroom Description:Primary Bedroom Main Floor
- Basement Description:Crawlspace
- Living area:1,375 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:1,375 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Cement Siding
- Exterior Features:Deck, Fence, Rain Gutters
- Levels:1 Story
Utilities
- Water:Public, Water - Multiple Meters, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$487,000
- Price per sq. ft.:$354.18
- Tax amount:$4,568 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator
- Amenities:Ceiling Fans(s), Electricity Available, Primary Bedroom Main Floor
- Pool features:Public Pool
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