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Stephen Michalakos

propertiesbystephen@gmail.com +1(727) 601-8676

$ 569,000

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617 BROOKSIDE DR Clearwater, FL 33764

4 Beds

2 Baths

2,331 SqFt

UPDATED:

10/18/2024 01:12 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,331 sqft

Price per Sqft $244

Subdivision Brookside Sub

MLS Listing ID TB8311392

Bedrooms 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1955

Annual Tax Amount $6,561

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 70x155

Property Description

NO FLOOD ZONE + NEW SOLAR PANELS + TURNKEY INCOME PRODUCING PROPERTY. Welcome to this exceptional home in the sought-after Brookside Subdivision! This is a rare chance to own a turnkey investment generating $5k a month in rental income. The property currently produced an 8.65% annual Cap rate with an 11% cash on cash return with 20% down. The home features over 2331 sq. ft. of living space on nearly a quarter-acre lot. With 6 bedrooms, 3 bathrooms, and ample front parking, the layout is perfect for comfortable living or potential rental opportunities. The residence beautifully combines classic architectural charm with modern updates, including a renovated kitchen, upgraded bathrooms, and more. Ideal for first-time buyers or investors, this property also comes with solar panels (fully paid off at closing) to reduce your energy costs. Don’t miss out on this fantastic opportunity – all financing options are welcome!

Location

State FL

County Pinellas

Community Brookside Sub

Interior

Interior Features Ninguno

Heating Central

Cooling Central Air, Mini-Split Unit(s)

Fireplace false

Laundry Other

Exterior

Exterior Feature Other

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Other, Public

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Plumb Elementary-Pn

Middle Schools Oak Grove Middle-Pn

High Schools Clearwater High-Pn

Others

Pets Allowed Cats OK, Dogs OK

Senior Community No

Ownership Co-op

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by BHHS FLORIDA PROPERTIES GROUP

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

Stephen Michalakos

617 BROOKSIDE DR Clearwater, FL 33764

Key Details

Location

Interior

Exterior

Building

Schools

Others

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617 BROOKSIDE DR