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, 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
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4BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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2,273SQFT
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$348$/SQFT
School Ratings & Info
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, 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
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