Pending

1135 DREW ST

CLEARWATER FL, 33755

$275,000


$237.07 per sqft

Pending

4 Beds

2 Baths

1,160 sqft

Multi-family

Built in 1925

Under contract-accepting backup offers. Prime investment opportunity in Clearwater! This income-producing duplex is ideally located close to downtown, beaches, medical facilities, shopping, and dining. Both units are currently rented, making it an addition to your portfolio.

Property Details:
2 Units: Each unit offers 2 bedrooms and 1 bathroom.
Newer roof and large yard with ample parking.
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Unit A - Ground Level:
Spacious living room with ceramic tile flooring, neutral tones, window unit A/C, and ceiling fan.
Living/dining combo with room for a dining table.
Neutral-tone kitchen features ceramic tile, wood cabinets, an electric range, and a refrigerator.
Primary bedroom includes a built-in closet, ceramic tile floor, ceiling fan, and window A/C.
The Bathroom offers a walk-in shower, ceramic tile, and a mirrored vanity.
Second bedroom has built-in closet, ceramic tile floor, window A/C, and ceiling fan.


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Unit B - Upper Level:
Open-concept living room and kitchen with laminate flooring and neutral walls; wall unit A/C.
Primary bedroom has carpet, neutral tones, and built-in closet.
Second bedroom has laminate flooring and built-in closet.
Bathroom features a claw-foot tub with shower, laminate flooring, vanity, and linen closet.
Bonus room perfect for a home office or extra storage.

This duplex presents an exceptional investment opportunity, with both units currently leased at rates well below market value at $750 ea unit. There is significant potential for increased rental income, providing investors with a strong upside in this prime location near downtown Clearwater, beaches, medical facilities, shopping, and dining.

TB8315799

MLS ID

October 31, 2024

Listed

November 22, 2024

Updated

Map

1135 DREW ST
CLEARWATER FL, 33755

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

2


Interior Features

Ceiling Fans(s), Chair Rail, Living Room/Dining Room Combo


Appliances

Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Other, Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.13 Acres


Exterior Features

Private Mailbox


Lot Features

City Limits, Near Golf Course, Near Public Transit, Paved


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Clearwater High-PN


Elementary School

Belleair Elementary-PN

Other Property Details

Area Name

33755 - Clearwater


Taxes

$2,340


Tax Frequency

Annually


Days on Market

7


Association Fee Frequency

Monthly


Garage

No


View

Yes


View Description

Garden


County

Pinellas


Municipality

29


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/11/2024

Pending

Listed by KELLER WILLIAMS REALTY- PALM H
Listing Contact: 727-772-0772 

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Data last updated 11/22/2024, 8:03 AM UTC

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