Property Description

***Price Improvement - Excellent Investment Opportunity in Tavares!Don't miss this income-producing triplex located at 708/710/712 North St. Clair Abrams Ave-a rare opportunity to own a multi-unit property in a growing area with strong rental demand.This property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances. All units are currently leased on a month-to-month basis, providing a new owner with the flexibility to adjust rents to market value and maximize cash flow.Current rents are below market, with estimated market rents projected at $900-$1,200 per unit, offering significant upside potential. Ideal for investors seeking immediate income with the opportunity to increase returns through rent adjustments or light improvements.Unit Breakdown:Unit A (708): 2 Bed / 1 Bath - $750/month - Month-to-MonthUnit B (710): 2 Bed / 1 Bath - $750/month - Month-to-MonthUnit C (712): 1 Bed / 1 Bath - $550/month - Month-to-Month***Estimated market rents are projected $900-$1,200 per unit.Annual Rental Income: $24,600Tenants are currently on month-to-month leases, offering flexibility for rent increases, owner occupancy, or new leases.Property Features & Expenses:Utilities Included: Water & TrashProperty Taxes: $4,093.51Insurance: $3,413/yearPest Control: $135/month + $95/quarterParking: Front & rear parking availableLaundry: Unit A inside | Unit B in shed | Unit C N/AOutdoor Space: Units A & C feature fenced yards with patios.Separate Entrances: All unitsIdeal for investors seeking a value-add opportunity, this property offers both immediate cash flow and long-term upside. Conveniently located near shopping, dining, and major roadways, making it attractive for tenants and future leasing.Whether you're expanding your portfolio or looking for your next income-producing property, this is one you don't want to miss!