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Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,694 sqft
Price per Sqft $212
Subdivision North Vamo Sub 2
MLS Listing ID A4582926
Sold Date 04/30/24
Bedrooms 4
Construction Status Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1979
Annual Tax Amount $2,322
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Looking for a great investment opportunity in Sarasota? Check out this duplex property on Marcia Street near the Square Mall. This property, features two units of 2 bedrooms and 1 bathroom each. Both units are currently rented and generate a steady income. The property is well-maintained and has a large backyard. It is conveniently located close to downtown, shopping, and beaches. Don't miss this chance to own a piece of Sarasota's real estate market! Property has a new lift pump and one unit a brand new AC. Property will need a new roof. 1902 will need renovations. Leases are up Feb 2024 unit 1900 and August 2024 unit 1902 . Current rents are $1500 and $1200 very low due to poor property management can be in the realm of $1800. Tenant occupied and Owner may give a 60 day notice to terminate the leases.
Location
State FL
County Sarasota
Community North Vamo Sub 2
Zoning RMF1
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Available, Electricity Available
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Stucco
New Construction false
Construction Status Financing
Schools
Elementary Schools Gulf Gate Elementary
Middle Schools Brookside Middle
High Schools Riverview High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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