Active
1335 40TH ST
$949,000
Features:
Property Details
Remarks
Amazing Rental Opportunity!! Potentially over $72,000 in NET INCOME. No HOA!! This is a Triplex in the City Limits with 2 extra Mother-in-Law Apartments attached. (Each with it's own private entrance). All 3 Units are leased with very reliable Tenants. There are 2 Large Outbuildings that can be used for Storage or Workshops/Man-caves. There is Plenty of space for Parking. The 2 Vacant lots next door are Included in the price giving you Huge Potential to Build 2 more Houses. Inside the Homes you will find nicely updated Kitchens, Bathrooms, and Tile Floors. Being Located just Minutes from Downtown Sarasota gives you easy Access to St. Armands and Lido Key. The SRQ Airport is Very close by as well!
Financial Considerations
Price:
$949,000
HOA Fee:
N/A
Tax Amount:
$4473
Price per SqFt:
$226.6
Tax Legal Description:
LOTS 4, 5, 18 & 19, BLK G, PALM GROVE
Exterior Features
Lot Size:
25771
Lot Features:
Drainage Canal, City Limits, Landscaped, Oversized Lot, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane, Other, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
6
Heating:
Electric
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Other, Tile
Levels:
Multi/Split
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1930
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Outdoor Shower, Storage
Additional Features 2:
Confirm Lease restrictions witht he City of Sarasota
Map
- Address1335 40TH ST
Contact a Professional
Featured Properties
Related Properties
- Featured
- Active
Single Family Residence
10882 SAVANNAH LANDING CIR
$ 359,900
$ 749,000
$ 500,000
- Featured
- Active
Single Family Residence
20330 LACE CASCADE RD
$ 1,125,000
- Featured
- Active
Single Family Residence
11717 E SALMON DR
$ 350,000
$ 669,900
$ 450,000
- Featured
- Active
Single Family Residence
229 MONTELLUNA DR
$ 590,000
- Featured
- Active
Single Family Residence
1307 NORMANDY CIR
$ 778,000
$ 289,900
- Featured
- Active
Single Family Residence
3168 WILLOW SPRINGS CIR
$ 429,900
- Featured
- Active
Single Family Residence
3420 AVENUE R NW