7 UNIT APARTMENT COMPLEX

7 UNIT APARTMENT COMPLEX

Smith_logo_1Property #INL246

1031 Commodore St., Clearwater

Excellent opportunity to purchase a seven unit apartment complex in desirable North Clearwater, just south of the Dunedin city border – All are large 1br/1ba units, each about 925 square feet and with a covered parking space – in mostly 1957 original condition, but with new roofs put on in 2011 – Lot size is about 27, 249 square feet, and nestled in a very nice predominantly single family residential neighborhood – the apartments would benefit from an updating, as there are window air conditioning units, some fuses in the electric panels, and original windows – market rents for this locale should be in the $950 range once remodeled – showings are restricted to qualified buyers, and no showings are available until October 25thSTRICTLY CONFIDENTIAL, AS TENANTS ARE UNAWARE OF POTENTIAL SALE

Price:  $579,000.