$215,000
$235,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,872 SqFt
SOLD DATE : 02/24/2020
Key Details
Sold Price $215,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,872 sqft
Price per Sqft $114
Subdivision Sarasota Highlands 2
MLS Listing ID A4448165
Sold Date 02/24/20
Bedrooms 3
Full Baths 2
Construction Status Other Contract Contingencies
HOA Y/N No
Year Built 1978
Annual Tax Amount $2,070
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Fantastic opportunity to own a wise INVESTMENT in one of desirable location of Sarasota. This multi-unit home offers a two-story split living option that lends itself to an in-law suite, private space for independent family or rental unit for income producing profit. Live in one unit and rent the other out, or rent both units out for a capitalization rate unfound on the current market (9-10% cap rate). The entire building has been renovated with chic modern touches and updated comforts. The ROOF is NEW, so are ENERGY EFFICIENT mini split HVAC systems. Both kitchens are cute and equipped with good storage, newer appliances and the windows downstairs are new along with the flooring. The flooring on the top floor is original wood that has been refinished and screams of CHARM :) Plenty of covered parking here for your vehicles or boat, along with convenient access to one of the top school districts in Sarasota. You will love privacy and potential here to parlay this property into an income producing cash cow - UNIQUE OFFERING THAT WON'T LAST LONG -
Location
State FL
County Sarasota
Community Sarasota Highlands 2
Zoning RSF2
Rooms
Other Rooms Attic
Interior
Interior Features Ceiling Fans(s), Stone Counters
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Wood
Fireplace true
Appliance Dishwasher, Electric Water Heater, Microwave, Refrigerator
Exterior
Exterior Feature Balcony
Parking Features Covered
Utilities Available Cable Connected, Street Lights
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Septic Tank
Water None
Structure Type Wood Frame
New Construction false
Construction Status Other Contract Contingencies
Schools
Elementary Schools Wilkenson Elementary
Middle Schools Sarasota Middle
High Schools Riverview High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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