$360,000
$399,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
1,780 SqFt
SOLD DATE : 09/09/2024
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $202
Subdivision Highland Pines
MLS Listing ID A4616917
Sold Date 09/09/24
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1917
Annual Tax Amount $3,111
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Great investment opportunity a few block north of Ringling College and just south of University of South Florida and New College. This triplex is full with great tenants in a lease at market value. All units are in good condition with newer window units and appliances. There is a shared washer dryer in the separate laundry room that each Tenants have assigned days. Building has a new roof on the first story repairs made to second story that were needed, all freshly painted, and new sewer line. Currently insured and not in a flood zone. Tenants pay $3900/month in rents and then an additional $275.00/month towards shared water and first floor shared electric. Second story has its own electric meter. The property is located in the Newtown Redevelopment Area, zoned RTD9 - RESIDENTIAL TRANSITION DISTRICT 9. Great opportunity for current cash flow and future potential.
Location
State FL
County Sarasota
Community Highland Pines
Zoning RTD9
Rooms
Other Rooms Inside Utility
Interior
Interior Features Living Room/Dining Room Combo, Window Treatments
Heating Space Heater, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Luxury Vinyl
Fireplace false
Appliance Dryer, Range, Refrigerator, Washer
Laundry Common Area, Inside, Laundry Room
Exterior
Exterior Feature Other
Parking Features Driveway
Utilities Available Cable Connected, Water Connected
Roof Type Metal
Porch Patio
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Emma E. Booker Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with REAL BROKER, LLC