Active
1132 AUBURN ST
CLEARWATER FL, 33756
$2,990,000
$248.42 per sqft
Active
20 Beds
15 Baths
12,036 sqft
Multi-family
Built in 1981
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.
T3537224
MLSⓇ ID
June 26, 2024
Listed
September 18, 2024
Updated
Map
1132 AUBURN ST
CLEARWATER FL, 33756
Interior Features
Bedrooms
20
Total Bathrooms
15
Interior Features
Ceiling Fans(s), Thermostat
Laundry Description
Common Area, Laundry Room
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.95 Acres
Exterior Features
Courtyard, Fence, Garden, Storage
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
33756 - Clearwater/Belleair
Taxes
$23,869
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Assigned
View
No
County
Pinellas
Municipality
29
Water Source
Public
Pool
No
Zoning
RM-15
Listed by MPGFL TAMPA LLC
Listing Contact: 631-356-5697
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Data last updated 9/18/2024, 9:36 PM UTC