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.
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.
Property Details
Price:
$2,990,000
MLS #:
T3537224
Status:
Active
Beds:
20
Baths:
15
Address:
1132 AUBURN STREET
Type:
Multi Family
Subdivision:
ACREAGE
City:
CLEARWATER
Listed Date:
Jun 26, 2024
State:
FL
Finished Sq Ft:
12,036
ZIP:
33756
Lot Size:
41,404 sqft / 0.95 acres (approx)
Year Built:
1981
Units:
15
See this Listing
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Schools
Interior
Cooling
Central Air
Heating
Central, Electric
Laundry Features
Common Area, Laundry Room
Exterior
Construction Materials
Block
Exterior Features
Courtyard, Fenced, Garden, Storage
Parking Features
Assigned
Roof
Shingle
Financial
Buyer Agent Compensation
2% – $295%
Tax Year
2023
Taxes
$23,869
Map
Community
- Address1132 AUBURN STREET CLEARWATER FL
- CityCLEARWATER
- CountyPinellas
- Zip Code33756
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Courtesy of MPGFL TAMPA LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1132 AUBURN STREET
CLEARWATER, FL
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