$1,150,000
Pending · 89 days on market · MLS# MFRA4650013
| Bedrooms | 0 |
|---|---|
| Living area | 1,316 sq ft |
| Lot size | 0.09 acres |
| Year built | 1920 |
| Property type | Multi Family |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $12,863 |
| County | Sarasota |
Under contract-accepting backup offers. Investor’s Dream - 5-Unit Rental Gem! High ROI potential, zoned for weekly rentals. Welcome to a rare opportunity to own a cash-flowing multifamily building perfectly positioned to capitalize on the booming short-term rental market. 4 of the 5 Units have been renovated with new kitchens. All 5 units have new mini-split AC systems and have large private terraces. One unit is turnkey furnished with proven revenue history in this high-demand area! The other 4 apartments are currently rented to annual tenants, but could easily be converted to short-term rental units. There are also 10 mini garage units that are leased to tenants for storage at an average of $125/month. Location, Location, Location: This Laurel Park location is minutes from downtown, the entertainment venues and restaurants of Burns Court, and other cultural hotspots. This prime income property is ready for a new owner to step in and start earning from day one. Pro-forma statement available upon request.
Listing courtesy of Timothy Bloch, QUEST PROPERTIES INC. Presented by MC Homes Realty Inc · 727432218.