Clearwater, FL 33755,1465 LAURA ST
Clearwater, FL 33755,1465 LAURA ST
Clearwater, FL 33755,1465 LAURA ST
Clearwater, FL 33755,1465 LAURA ST
Clearwater, FL 33755,1465 LAURA ST
Clearwater, FL 33755,1465 LAURA ST
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$640,000

$640,000

Est.Price: ?

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Est. payment /mo

2,660 SqFt


SOLD DATE : 03/21/2024

Key Details

Sold Price $640,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,660 sqft

Price per Sqft $240

Subdivision Highland Groves

MLS Listing ID U8223968

Sold Date 03/21/24

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1968

Annual Tax Amount $3,458

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x120

Property Description

Exceptional opportunity to acquire a stable, well-maintained, and turnkey quadruplex in a highly desired area near downtown Clearwater. This concrete block construction building includes three 1/1's and one 2/1, specifically: Unit 1 (1/1, $1,025 monthly rent, lease expires 03/31/24); Unit 2 (1/1, $1,491 monthly rent, new lease just signed until 12/30/24); Unit 3 (1/1, $1,265 monthly rent, lease until 08/31/24); and Unit 4 (2/1, $875 monthly rent - not a typo, on a month-to-month lease, but increasing to $1,680 beginning Feb 1). Except for Unit 2 (and soon Unit 4), the remaining units are at below market rents (with the lease for Unit 1 ending 3/31/24 and the lease for Unit 3 expiring 8/31/24). Additional features include: individual central A/C for each unit, screened front porches, outdoor storage closets, a common area laundry room (currently unused), and separate electric meters for each unit. There is only a single water meter. Please note that published expenses include water/sewer utility charges but exclude third-party property management company fees paid in 2023, and also reflect an upcoming change of insurance premiums, as well as the newly increased rent for Unit 4. Photos attached include interior ones for Units 1 and 2, but all four units are similarly maintained. A passing four-point inspection report is available, as is a wind mitigation. Viewings are by appointment only. Please do not disturb the tenants. Only serious buyers are encouraged to inquire.

Location

State FL

County Pinellas

Community Highland Groves

Interior

Interior Features Thermostat

Heating Central, Electric

Cooling Central Air

Fireplace false

Laundry Common Area, Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Balcony

Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Construction Status Appraisal,Financing,Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by ORIANA REALTY, LLC
Bought with STELLAR NON-MEMBER OFFICE
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