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Gelfand Realty Miami Properties - Multi Family

811 42ND, SARASOTA, FL 34234

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Multi Family - PHILLIPS JOSEPH H

811 42ND, SARASOTA, FL 34234

Sold Price$425,000 Asking Price$459,500

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  • Days on market:

    525 day(s)
  • Original Price:

    $525,000
  • Price per sqft:

    $194.87
  • Tax Legal Description:

    BEG AT A PT 30 FT E & 25 FT N OF SW COR OF NW 1/4 OF NE 1/4 OF SEC 12 TH 110 FT E ON N SIDE OF 48TH ST TH 119.5 FT N TH 110 FT W TO SARASOTA AVE TH 119.5 FT S ALG E SIDE SARASOTA AVE TO POB PLAT TO
  • Tax Year:

    2019
  • Property Type:

    Multi Family
  • Parking:

    Circular Driveway
  • Construction Type:

    StuccoBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    ConcreteCeramic Tile
  • Interior Features:

    Walk-In Closet(s)Ceiling Fan(s) Eating Space In Kitchen High CeilingsCrown Molding
  • Exterior Features:

    Fenced
  • Equipment/Appliances:

    DishwasherRefrigeratorDryerWasher Range
  • Special Listing Conditions:

    None

Description

$459,500 • living size area 2358 sqft

Huge price reduction -this unique multi-family property sell now! this would make a great investment property, close to 3 major colleges with full student capacity - would be easy conversion for student housing!! first time being sold outside of original family that built this home! zoned rfm-2, there are opportunities with this property for a great rental income. it has only been used privately by the family so there are no records for income, but potential is there! be the first to maximize this property! main building has 3 bedrooms & 2 baths (could be reconfigured into 2 units?) back unit has 1 bedroom & 1 bathroom. there is a large attic / storage room accessible by stairs. the laundry is inside & set up for easy access for both units. separate ac units. large fenced yard could also be reconfigured to give each unit some private space. this property has not met it's potential, be the first to take advantage. call for details. back on market due to buyers inability to secure funding. new electrical panel & additional repairs made for buyer after inspection - seller motivated!

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