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Description
1429 Laura St is a unique opportunity to own a stabilized 5 unit multi-family apartment community in the rapidly growing Clearwater area of Tampa Bay MSA with substantial room for growth. Conveniently located just minute's from Clearwater's world-famous beaches, Downtown Clearwater and major highways.Owner Spent over $150,000 in CapEx including new roof, new hurricane impact windows, new main sewer line, building exterior paint, exterior fencing, landscaping and full interior renovations including, white shaker cabinets, quartz countertops, stainless steel appliances, luxury vinyl flooring and tiled shower bathrooms.Current Rent Roll: $7,740 with a 7 CAP on takeover!NOI: $60,433Unit Mix: 4 - 1 Bedroom/1 Bathroom Units, 1 - Studio/1 Bathroom Unit
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 0.15 Acres
Roof Type: Other
Taxes: $8,463
Year Built: 1956
General Information
Bedrooms: 4
Sqft: 2,273
County: Pinellas
Subdivision: KNOLLWOOD REPLAT
Listed By:
Frank Brito
MPGFL TAMPA LLC
631-356-5697
MLS ID: TB8475426
Amenities
Kitchen/Family Room Combo
Open Floorplan
Private Entrance
Sidewalk
Property Features
Annual Net Income: 60433.00
Days on Site: 57
Directions: Take N Highland Ave off of Cleveland Street, Take a left onto Laura St, Building is on the left 1429
Exterior: Block
Flood Zone Code: N/A
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.15
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 5
Utilities: Public
Water: Public
Water Access Y/N: No
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Contact an agent to learn more about
1429 Laura Street, Clearwater, FL 33755.
Estimate Your Payment
Estimated Payment
$ 3,633.18 per month $2,694.89 Principal & Interest $705.25 Property Tax $233.04 Homeowner's Insurance