About 708 N Saint Clair Abrams Avenue
Under contract-accepting backup offers. ***Seller offering $10k towards exterior painting and repairs. Price Improvement!!!– Prime Investment Opportunity in Tavares! Unit 708: Recently updated, with fresh paint and fixtures. Don’t miss this exceptional income-producing triplex located at 708 North St. Clair Abrams Ave — a rare opportunity to own a multi-unit property in a growing area with strong rental demand and excellent upside potential. This well-maintained property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances for added tenant privacy and convenience. Recent updates include updated electrical systems and a new hot water heaters in all 3 units; giving investors added peace of mind and reducing future maintenance concerns. All units are currently leased on a month-to-month basis, offering flexibility for a new owner to increase rents to market value, implement improvements, or occupy a unit if desired. Unit Breakdown Unit A (708): 2 Bed / 1 Bath – Vacant Unit B (710): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit C (712): 1 Bed / 1 Bath – Currently $550/month – Month-to-Month Estimated market rents projected at $900–$1,200 per unit, creating substantial income growth potential. Current Annual Rental Income $24,600 annually Property Features & Expenses Utilities Included: Water & Trash ($220 average monthly) Property Taxes: $4,093.51 Insurance: $3,413/year Pest Control: $135/month + $95/quarter Additional Features Front & rear parking available Laundry: Unit A inside | Unit B in shed | Unit C N/A Units A & C feature fenced yards with patios Separate private entrances for all units Whether you’re expanding your investment portfolio or searching for your next value-add opportunity, this triplex offers immediate cash flow with long-term appreciation and rental upside. Conveniently located near shopping, dining, and major roadways, this property continues to be highly attractive for tenants and future leasing opportunities. Excellent opportunity for investors looking to maximize returns in a rapidly growing Central Florida market!
Features of 708 N Saint Clair Abrams Avenue
| MLS® # | O6373379 |
|---|---|
| Price | $349,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 2,549 |
| Acres | 0.25 |
| Year Built | 1949 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Pending |
Listing Details
| Office | ALL REAL ESTATE & INVESTMENTS |
|---|
Listing Map
Neighborhood Information for 708 N Saint Clair Abrams Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Tavares High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
|
Lake Virtual Franchise Public - 6Th Grade to 12Th Grade - Closest Middle School |
0 Miles | |
|
Nonschool Exceptional Education Public - Preschool to 12Th Grade |
0 Miles | |
|
Tavares Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Lake County Acer Program Public - 9Th Grade to 12Th Grade |
1 Miles | |
|
Liberty Christian Prep Private - Preschool to 12Th Grade |
2 Miles | |
|
Adventure Christian Academy Private - Kindergarten to 12Th Grade |
2 Miles |
School data provided by GreatSchools
