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Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $150
Subdivision Pennsylvania Park
MLS Listing ID A4606821
Sold Date 08/22/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1968
Annual Tax Amount $8,810
Lot Size 0.300 Acres
Acres 0.3
Property Description
Welcome to an exceptional income property opportunity nestled in the vibrant neighborhood near SaraBay and the Sarasota Airport. Spanning over 3500 square feet and boasting a generously sized yard, this property offers immense potential for both seasoned investors and those seeking a lucrative addition to their portfolio. Currently fully occupied, this property features 3 units(can be made into 4 units with efficiency), providing a steady stream of rental income from day one. Each unit has been maintained with long-term occupancy. From young professionals to retirees, the diverse tenant base reflects the appeal of this prime location. With ample square footage and a large yard, the possibilities for value addition are endless. Whether through adding amenities to enhance the rental appeal, or exploring the potential for expansion, this property offers numerous avenues for increasing its income potential and overall value. Situated in close proximity to SaraBay and the Sarasota Airport, this property benefits from easy access to transportation hubs, major roadways, shopping centers, dining options, and entertainment venues. Its strategic location ensures high demand for rental properties, making it a sound investment choice for savvy investors.Don't miss out on the opportunity to capitalize on the potential of this income property. Whether you're a seasoned investor or just getting started in the real estate market, this property promises substantial returns and long-term growth prospects. Seize the opportunity to secure your financial future and schedule a viewing today
Location
State FL
County Manatee
Community Pennsylvania Park
Zoning GC
Direction W
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Other
Fireplace false
Appliance Other
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Other
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Near Golf Course, Near Marina
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COLDWELL BANKER REALTY