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Multi Family 4 bedrooms - CHARLES L KNIGHT SUB for Sale

530 GILLESPIE, SARASOTA, FL 34236

Asking Price$750,000 Change Price$69,000

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  • Days on market:

    421 day(s)
  • Original Price:

    $850,000
  • Price per sqft:

    $441.18
  • Tax Legal Description:

    LOT 1 & W 1/2 LOT 2 BLK D CHARLES L KNIGHT SUB
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Furnished Info:

    Unfurnished
  • Elementary School:

    Alta Vista Elementary
  • Middle School:

    Booker Middle
  • Senior High School:

    Booker High
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    StuccoBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    ElectricCentral
  • Interior Features:

    Ceiling Fan(s)
  • Exterior Features:

    Other
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None

Description

$750,000 • four bedroom(s) • living size area 1700 sqft

$70,000 price reduction!!!! looking for a little history, a quaintness, a walkable neighborhood? looking to live in one unit and rent the other? looking for a wonderful investment? this is it. this wonderful duplex is located in gillespie park. gillespie park is a square mile grid of duplexes and brightly vibrant cottages. walk to the 10-acre park complete with tennis courts, lake with ducks to feed and even a dog park. instead of commercial activity at its center, it’s all around the edges. the south end of downtown with all its amenities literally across the street. the west end is the hip new rosemary district. the east end, you’ll find a little bit of everything. so who lives in gillespie park? they’re a mixed crew of newcomers and longtime sarasotans, all of whom revel in the atmosphere of diversity and progressive thought. the real charm here is this duplex. these mirror-image, 850 sf each side, two-bedroom, two-bath, coastal-modern units have been completely updated. each unit has a laundry area and ample outdoor living space. long-term tenant on 522side in place at $2,500/month. 530 side is available for an owner occupant or tenant. projected noi is $52k yielding a 6% cap rate when both sides rented out. seller wants to buyer to know that the lot can be divided.

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