Home for Sale
$445,000
5 bd · 3 ba · 1,603 sqft
CLEARWATER, FL 33756 · MLS# TB8532067 · Active · BELMONT SUB 1ST ADD
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.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
725 NEW YORK ST, CLEARWATER, FL 33756 · See all Clearwater homes for sale
725 NEW YORK ST is a multi-family home for sale in CLEARWATER, FL 33756. This property was listed for sale on July 23, 2026 by COPELAND MORGAN LLC, it's currently listed at $487,000. This listing's school district is Pinellas Public Schools. 725 NEW YORK ST is a 4-bed, 3-bath, 1,375 sqft multi-family home built in 1948.