Active

$440,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 2132 sq ft
Overview
  • ID: MFRTB8408334
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 2132 sq ft
Property Details
Remarks
PRICE IMPROVEMENT! Seller is providing a $2.5k credit to buyer(s) at closing!! Don't miss out on this well-maintained and income-producing Sarasota duplex featuring two spacious 3BD/1.5BA units, each with its own private entry. Less than 10 minutes from Downtown Sarasota! Market rents call for $4.4k/month for the building, well above current rents, providing tremendous upside for new investors. Recent upgrades include full property re-piping in 2024, tankless water heaters, and a newer roof installed in 2017. Each unit offers a functional layout with a half bath off the primary bedroom, tile flooring throughout, and long-term tenants already in place. Two detached storage sheds with electric provide extra utility and flexibility. Property is currently on well/septic but central utilities are available at the street. Zoned RMF-2, this parcel may also allow for the addition of an Accessory Dwelling Unit (ADU), buyer to verify with the City of Sarasota. With stable rental income and strong tenant history, this duplex offers immediate cash flow and long-term upside, an ideal addition to any investor’s portfolio. Please do not disturb tenants. No sign on property. Please see Realtor remarks.
Financial Considerations
Price:
$440,000
HOA Fee:
N/A
Tax Amount:
$5443.32
Price per SqFt:
$206.38
Tax Legal Description:
LOTS 4 & 5 BLK B NEW HARLEM
Exterior Features
Lot Size:
10000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Range, Range Hood, Refrigerator, Tankless Water Heater
Furnished:
No
Floor:
Ceramic Tile, Epoxy
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1988
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox, Rain Gutters, Storage
Additional Features 2:
N/A
Map
  • Address
    2228 25TH ST
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