$375,000 • living size area 1913 sqft

Investors alert -- 3 fully rented units with a cap rate of 7.5%. very low maintenance needed on this centrally located west of the trail sarasota triplex. front duplex offers 2 bedroom and 1 bath on one side and then 1 bedroom, 1 bath on other side. back cottage has one bedroom, 1 bath, just remodeled. all 3 units have annual leases in place. long term tenants, 8-9 years, 2-3 years. gross income $32,700 less $3,000 for taxes and monthly expenses for water and sewer, owner is netting $28,000 -- 7.5% cap. owners have installed new roofs on both buildings 2017. cottage was just remodeled. entire property is fenced and has maintenance free stones. laundry shed is available for all 3 units. property will be shown via 3d virtual tour on the units out of respect for tenants. all buyers will need to provide proof of funds and tenants will need 24-48 hour notice. property is walking distance to trader joe's, a mile and a half to sarasota memorial hospital and the siesta key north bridge, 3 miles to down town sarasota and #1 rated by trip adviser beach siesta key.

Multi Family - SOUTH HIGHLAND AMD OF

Basics

Locations

Features

Description

Similar Properties in this Area