Investor Alert!! 3 fully rented units with a cap rate of 6%. All 3 units have annual leases in place. Front Duplex offers a 1 bedroom, 1 bath, on one side and the other side is a 2 bedroom, 1 bath. The 1 bedroom has been recently remodeled. Back Cottage has 1 bedroom, 1 bath, with a screened porch and has been newly painted and recently remodeled. Entire property is fenced and has a laundry area available for all 3 units. Stone landscape for easy low-cost maintenance. Roofs replaced on both buildings in 2017. Duplex water heaters replaced in 2020. Windows in all 3 units have been replaced with PGT windows. Property is within a few steps to Trader Joe’s and within a couple miles to Sarasota Memorial Hospital and the Siesta Key north bridge. Tenants will need 24-hour notice for showings. Please do not walk the property.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on October 30th, 2020 at 11:16pm EDT.