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$725,000 • living size area 4860 sqft
Cash flow positive - currently producing net cash flow of $53,400.00/yr. great location - one block from riverview high school. well maintained - roof ~ 10 years old, 4 new hvac, new septic system (county sewers are available), 3 units modest remolded. but wait, there's more! current rents are approximately $10,000 annually below fvm of $1150.00/unit/month. what else do you need? fully rented with long term tenants in place with 12 months leases. easy to market located on swift road means little need to advertising vacancy, simply put up a sign on swift and start taking the calls. this property will not be available long!Multi Family - SARASOTA HIGHLANDS
2734 AUSTIN, SARASOTA, FL 34231
Date Sold 02-02-2019
Sold Price$715,000 Asking Price$725,000
Share by:
- Living 4860sqft
- Lot size 15293sqft
- Taxes: Register to see
- Year Built 1972
-
Days on market:
17 day(s) Original Price:
$725,000-
Price per sqft:
$149.18 Tax Legal Description:
KENT APTS LOT 1 LESS N 5 FT & LESS E 7 FT LOT 2 LESS E 7 FT & LOT 3 LESS N 5 FT BLK A SARASOTA HIGHLANDSTax Year:
2017-
MLS:
A4413325 -
Property Type:
Multi Family -
Parking:
Assigned GuestOff Street -
Furnished Info:
Negotiable
Elementary School:
Gulf Gate ElementaryMiddle School:
Riverview MiddleSenior High School:
Riverview High
Lease Term Remaining:
12 MonthsConstruction Type:
BlockRoof:
ShingleCooling Description:
Central AirHeating Description:
ElectricFloor Description:
Carpet TileExterior Features:
StorageEquipment/Appliances:
Refrigerator Range Range HoodSpecial Listing Conditions:
NoneLot Features:
Corner Lot In County Near Public Transit
Description
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