530 Rogers Street

CLEARWATER, FL 33756

About this property

Absolutely astounding and exquisite 6plex, 6 units legal multi-family situated in the Downtown Clearwater District at about 5 minutes drive from the famous Clearwater Beach. There are 7 brand new electric meters, and 1 water meter. This Multi-Family was built in 1924 and has an incredible curb appeal, but it has been completely remodeled! The owner did not spare any expenses, and he already went through all the trouble to redo everything right! Go see every single permit that was pulled and closed in public records, the list is quite long!!! The following is a list of upgrades that the property has recently undergone: it has 7 all new electric meters, all new electrical wires, all new panels panels, all new plumbing fixtures, completely new air conditioning systems, a combination of Mini-Splits and central AC systems throughout, no cheap walls ACs. (only one unit has a central Ac that is not new) The roof was replaced in 2018, the back deck is completely new, and also the parking lot driveway has been poured recently. There are 6 units, all 6 units have a brand new kitchen with new quartz countertops, new cabinets, new stainless steel appliances, new tiles floors or refinished beautiful original wood floor, new bathrooms showers, vanities, toilets etc.. This property has been completely remodeled but it maintains the original feel and the 1920's curb appeal. Some units come partially furnished or furnished. You can rent these shorter term furnished (City of Clearwater 1 month minimum), or longer term furnished or unfurnished. Call or text LA for a projected income and expenses. The property is currently vacant but it will be rented. The estimated income of $ 127200 yearly is counted based on all units rented furnished shorter or longer term. All the estimated yearly expenses of $ 48000 include an estimated cost of taxes if it is bought at the current price (pcpao.org), estimated insurance, estimated water bill, estimated electric bill (furnished rentals shorter term could be paid by the owner up to a certain number), estimated lawn maintenance, estimated cable and internet and finally one month vacancy, all of this already included in the estimated expenses. As far as the rental target goes, the idea is to take advantage of the extreme shortage of upscale furnished rentals in the Downtown area. Also considering that pretty much everything has been extensively upgraded and corrected, with high quality materials, it is reasonable to expect not much maintenance cost at all. The monthly furnished estim

Date Listed
May 5, 2020
Listing Status
Active
Days On Site
21
MLS#
U8083467

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Industrial
Sub-Type
Resale
Year
1924
Garage
0
Pool
No
Story(s)
1
Property View
No
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$899,000 Active
0 Beds
Baths
4,635 SQFT

Presented By Coldwell Banker Tony Hubbard Realty

Get in touch today! Phone: (352) 394-4031
Brokerage
Clermont
(352) 394-4031
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Area Information

33756 - Clearwater/Belleair | Pinellas County |

$ 899,000
This listing is play_arrow 233.1% higher than the average in the area
$ 269,900 in the area
4,635 SqFt
This listing is play_arrow 268.1% larger than the average in the area
1,259 SqFt in the area
$ 194 $/SqFt
This listing is play_arrow 9.5% less than the average in the area
$ 214 $/SqFt in the area
21 days on site
This listing is play_arrow 90.9% above the average in the area
11 days on site in the area

Schools in the Area

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