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1429 Laura Street
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PRICED AT ONLY: $875,000

Address: 1429 Laura Street, CLEARWATER, FL 33755

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 minutes from Clearwaters 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

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Virtual Tour
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  • MLS#: TB8475426 ( Residential Income )
  • Street Address: 1429 Laura Street
  • Viewed: 104
  • Price: $875,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 5
  • Days On Market: 11

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 minutes from Clearwaters 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
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Entrance, Sidewalk
  • Living Area: 2273.00
  • Roof: Other
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Interior Features: Kitchen/Family Room Combo, Open Floorplan
  • Legal Description: KNOLLWOOD REPLAT BLK 1, LOT 14
  • Area Major: 33755 - Clearwater
  • Parcel Number: 14-29-15-47016-001-0140
  • Views: 104
Nearby Subdivisions
Boulevard Heights   Brooklawn   Fairmont Sub   Hallmark Sub 1st Add   Highland Groves   Knollwood Replat   Lincoln Place   Marshalls E A Sub   Plaza Park Add Clearwater Impr   Sunset Point 2nd Add  
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