1429 LAURA STREET , Clearwater, FL 33755

  • $799,000
  • $845,000
Property TypeResidential Income, Multi-Family 5+
CountyUS
Beds4
Baths5
Year Built1956

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: $60,433

Unit Mix: 4 – 1 Bedroom/1 Bathroom Units, 1 – Studio/1 Bathroom Unit

Location

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: $60,433

Unit Mix: 4 – 1 Bedroom/1 Bathroom Units, 1 – Studio/1 Bathroom Unit

  • Property ID TB8475426
  • Price $799,000
  • Land Area 0.15 Acres
  • Bedrooms 4
  • Bathrooms 5
  • Garage Size x x
  • Year Built 1956
  • Property Status Active
  • Property Type Multi-Family 5+, Residential Income

Additional details

  • Roof Other
  • Utilities Public
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Electric
  • County Pinellas
  • Property Type Residential Income

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Listing provided courtesy of Mark Spain Real Estate (855-299-7653).

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