New Listing - 06/26/2024

$2,990,000 ($248.42 per sqft)

Est. Mortgage $15,914/mo *

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1132 Auburn STREET, Clearwater, FL, 33756

1132 Auburn STREET, Clearwater, FL, 33756
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20 beds

1981

12,036 sqft

1132 Auburn St is a unique opportunity to own a stabilized 15 unit multi-family apartment complex in unincorporated pinellas county with substantial room for growth. With great proximity to the Downtown Largo Redevelopment project, 1132 Auburn St is less than 2 miles from Largo’s Urban Core. Ownership spent several hundred thousand dollars in CapEx including new roof, exterior paint, landscaping, paved parking lot with assigned spaces, central HVACs, common laundry room, shared grass area. Interior renovations include new luxury vinyl flooring, cabinets, quartz countertops, recessed lighting and updated appliances. -Favorable Unit Mix of 66% One Bedrooms and 33% Two Bedrooms - (10) One Bedroom One Bath Units - (5) Two Bedroom, One Bath units New owner has the ability to recapture an average of $332/month per unit - increasing the the total rent roll by $51,792. Enjoy a strong cashflow right from the start and let the property appreciate.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Common Area, Laundry Room

Units:

15

Subdivision:

ACREAGE

Garage:

Assigned

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

0.95

Est. Taxes:

$23,869

Construction

Block

Utilities

Electricity Connected, Sewer Connected, Water Connected

Days on Market:

1

MLS #:

T3537224

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of MPGFL TAMPA LLC Phone: 631-356-5697