See Home Value
Clearwater 33755
1475 GROVE STREET
$989,302*
Multifamily - Off Market

1475 GROVE STREET

CLEARWATER, FL 33755
bedrooms
Studio
bathrooms
0 Bath
square feet
4384 Sqft
$608,000 - $742,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Attention Investors~Incredible opportunity to own cash-flowing property 90% renovated and 100% occupied ~ This 6 unit, turn-key,  investment property is 100% occupied and churning $$62k/year!  5 of 6 units have been updated with ceramic tile, new bathrooms and kitchens, with granite counter-tops and all wood cabinetry. The building iis freshly painted. All units have screen porches and central AC. Only unit 106 (upstairs 2/1)has not been updated. It is currently rented for $950 through 2/20. The updated 2/1 below it rents for $1000/mo..Once updated, #106 should go  $1100/mo as it is top floor unit. the 4 - 1 bedroom units rent for $800/$850. At the current price and current rents the property will return $42K-$48k net annual income with potential to go up.

The manager has listed the unit size as 4384 square feet.
Unit Size
4,384Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$154
Property Type
Multifamily
Property Taxes
$523
HOA Dues
-
Year Built
1971

Price History

Date / Event Date Event Price
Sep 20, 2019 No longer available -
No longer available
Aug 22, 2019 Price Decreased $675,000
↓ $20K (2.9%)
Price Decreased
Jun 13, 2019 Listed $695,000
Listed

Property Highlights

Air Conditioning
Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190613
06/13/2019
Studio
-
4384 ft²
$695,000
bedrooms
Studio
bathrooms
-
square feet
4384 ft²
-
-
-
Shawn Dunn
TOTAL REALTY SERVICES INC

Building Info

1475 Grove Street 1475 Grove Street, Clearwater, FL 33755
More about this Building
1475 Grove Street
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About Clearwater


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Nearby Rentals

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Unit for rent at

$1,450 /mo

  • 1 Bed
  • 1 Bath
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