2335 EVANS ROAD, CLEARWATER, Pinellas, Residential Income – MLS #TB8559898

Property Highlights:

– Type: 5-Plex multi-family property (Fully rented with annual 12-month leases)
– Main Structure: Includes three 2-bedroom units
– Adjacent Structure: Includes one 2-bedroom unit and two studio units (studios share a main bathroom)
– Amenities: Shared pool for all tenants, shared washer and dryer (potential for coin-op conversion for additional monthly revenue), and a small storage shed

Financial Overview:

– Gross Income: $82,800 annually
– Studio 1: $800/month
– Studio 2: $800/month
– 2-Bedroom Unit 1: $1,840/month
– 2-Bedroom Unit 2: $1,750/month
– 2-Bedroom Unit 3: $1,725/month
– Taxes & Insurance: $12,300 per year
– Owner Expenses: $12,000 per year (covers utilities; installing separate metering in the future could eliminate this expense)