Property Description

Under contract-accepting backup offers. Prime income-producing duplex in Oldsmar offering strong returns and true turnkey condition. This fully renovated property at 3664 Meriden Ave features two 2-bedroom, 2-bath units, each extensively upgraded with modern, low-maintenance finishes designed to attract and retain quality tenants.Both units have been remodeled from top to bottom, minimizing near-term capital expenditures and providing immediate operational efficiency. Updates include a new roof to be installed prior to closing, new windows and sliders, new subfloors, new luxury vinyl flooring, new tall baseboards, both contemporary kitchens with brand new cabinets, quartz countertops, tile backsplash, new faucets, new SS microwave, the renovated baths include new flooring, fixtures, new vanities, new stone countertops, new lighting, new bath fans, new tile work in the shower and new tub and tile work, the bedrooms have new lighting and ceiling fans and new closet doors that are paired with fresh interior finishes of new texture and paint throughout-positioning the asset competitively within the local rental market.Located in a high-demand rental corridor, the property supports projected rents of $1,795 per unit, delivering solid cash flow potential with upside through continued rent growth. Ideal for investors seeking a stabilized asset with minimal deferred maintenance and strong tenant appeal.Strategically positioned near major employment hubs, retail, and commuter routes, this duplex benefits from consistent rental demand and long-term appreciation potential. Perfect for both seasoned investors and those looking to enter the multifamily space with a low-maintenance, high-demand asset.

Property Features