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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,092 sqft
Price per Sqft $225
Subdivision Nokomis Heights
MLS Listing ID A4601679
Sold Date 07/03/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1976
Annual Tax Amount $5,702
Lot Size 10,890 Sqft
Acres 0.25
Property Description
A unique 8-plex property in Sarasota County can be your next savvy investment opportunity! 5 of the 8 units have been partially updated (paint & some new appliances) with rents hovering at or above market rate. The other three units are ready for a rent bump from the next owner. Monthly gross income of $7,610! New exterior paint for both buildings and new exterior lights above each door. Two separate properties and buildings, each sharing a parking lot. Property is on well and septic, and both systems have been serviced in the past 6 months. Septic tank replaced 8/2017. 6/8 central air units were replaced in 2019. Please notify sales agent prior to any property interaction, as all units are filled.
Location
State FL
County Sarasota
Community Nokomis Heights
Zoning RMF3
Interior
Interior Features Kitchen/Family Room Combo, Thermostat
Heating Central
Cooling Central Air
Fireplace false
Laundry None
Exterior
Exterior Feature Fence
Garage Open
Utilities Available BB/HS Internet Available, Electricity Connected
Waterfront false
Roof Type Shingle
Parking Type Open
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Stucco
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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