1429 Laura St Clearwater, FL 33755

FOR SALE

Apartment buildings

Property ID

US18-0901286

2,414 SF Built 1956

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$790,000 2,414 SF

1429 Laura St, Clearwater, FL 33755
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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. Please reach out to 518-414-0388 for any questions. 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. Please reach out to 518-414-0388 for any questions. 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 type Apartment buildings

Year built 1956

Total area 2,414 SF

UPID US18-0901286

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1429 Laura St Clearwater, FL 33755

Clearwater metro

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