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Property Attributes
- MLS#T3537224
- TypeIncome
- CountyPINELLAS
- CityCLEARWATER
- AreaClearwater-Belleair
- NeighborhoodAcreage
- Zip33756
- StyleMulti Family
- Year Built1981
- Taxes$ 23869
- Price$ 2,990,000
- Bedrooms20
- Full Bathrooms15
- Half Bathrooms0
- Sqr Footage12036
- Lot Size0.95 Acres
Data Source:
Stellar MLS
Property Description
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.
Price History | |
---|---|
6/26/2024 | Listed $2,990,000 |
General Features
Interior Features | Ceiling Fan(s),Thermostat |
---|---|
Sewer | Public Sewer |
Heating | Central,Electric |
Cooling | Central Air |
Utilities | Electricity Connected,Sewer Connected,Water Connected |
Roof | Shingle |
Exterior Features | Courtyard,Fenced,Garden,Storage |
Zoning | RM-15 |
Construction Materials | Block |
Year Built | 1981 |
Tenant Pays | Electricity,Sewer,Water |
Property SubType | Multi Family |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Gross Income | 326641 |
County | Pinellas |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | ACREAGE |
Garage Y/N | No |
Status | Active |
Directions | South from 60 to missouri then right on auburn st |
ModificationTimestamp | 2024-06-27T19:55:04.457Z |
City | CLEARWATER |
Buyer Agent Compensation | 2% - $295 |
View Y/N | No |
Senior Community Y/N | No |
NumberOfUnitsTotal | 15 |
MLS Area | 33756 - Clearwater/Belleair |
Lot Size Units | Square Feet |
Lot Size Square Feet | 41404 |
Waterfront Y/N | No |
Carport Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 23869 |
Additional Parcels Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3537224 |
Days on Market | 1 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Tax Lot | 1600 |
Legal Description | PART OF NW 1/4 OF SEC 27-29-15 DESC AS FROM NW COR OF SE 1/4 OF NW 1/4 OF SEC TH S 640FT TH E 670FT FOR POB TH E 210FT TH N 210FT TH W 210FT TH S 210FT TO POB LESS R/W ON W PER O.R. 9153/1110 |
Water Access Y/N | No |
Water View Y/N | No |
Flood Zone Code | X |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Laundry Features | Common Area,Laundry Room |
Total Bedrooms | 20 |
LivingAreaSource | Public Records |
Total Baths | 15 |
Exterior Features
Parking Features | Assigned |
---|---|
Water Source | Public |
Lot Size Area | 41404 |
Foundation Details | Slab |
Number of Buildings | 1 |
Lot Size Acres | 0.95 |
Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool