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Palm Beach Post
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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
1,632
acreage
Acreage
0.14
open houses
Open Houses
-
year built
year built
1945
full baths
Full Baths
0
half baths
Half Baths
0
Attention investors! This 7% cap rate duplex is already nicely remodeled with all of the major mechanicals updated within the last few years. Flood insurance is not required and the home had no flooding or damage during any of the storms this year. New roof in 2021, the AC unit was replaced in 2021 in the upstairs unit and 2018 in the bottom unit. The house was re-plumbed in 2019 with all PEX and PVC and new sewer lines. The upstairs unit has all new appliances, kitchen cabinets and countertops. Both units have new vinyl flooring and updated kitchens and bathrooms. The units are individually metered. The upstairs unit is currently rented at $1800/mo through April 1, which is below market rent and tenant pays all utilities. The downstairs unit is being sold turnkey furnished. It was used for family and friends and some short term rentals. The location is excellent - near public transport and only 2 miles to downtown Sarasota and 3 miles to Bayfront Park. It is also very close to the Legacy Trail access point. The property is fully fenced and the backyard is nicely shaded with a large covered storage shed. There is parking space for up to 5 vehicles.
Location
Subdivision RIO VISTA
County Sarasota
Elementary School Alta Vista Elementary
Middle School Brookside Middle
High School Sarasota High
open houses Open houses
None scheduled.
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MLS number: A4628893
Listing agent: Tanner Frey #3415616
Listing broker: Keller Williams On The Water Sarasota (941) 803-7522
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, December 18 2024 at 9:20 p.m. EST
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