Jose Saleta - Coldwell Banker Ackley
2734 Austin Street
SARASOTA, FL 34231

Description

CASH FLOW POSITIVE - Currently producing net CASH FLOW of $53,400.00/yr. GREAT LOCATION - one block from Riverview High School. WELL MAINTAINED - roof ~ 10 years old, 4 new HVAC, New septic system (county sewers are available), 3 units modest remolded. But wait, there's more! Current rents are approximately $10,000 annually below FVM of $1150.00/unit/month. What else do you need? Fully rented with long term tenants in place with 12 months leases. EASY TO MARKET located on Swift road means little need to advertising vacancy, simply put up a sign on Swift and start taking the calls. This property will not be available long!

Details

MLS#A4413325
Sub-TypeResale
StatusPending
Year1972
Days On Site93

Features

SQ Feet4,860
Units6
Building(s)3

Market Activity 34231

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Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34231
Area34231 - Sarasota/Gulf Gate Branch
Listing VS Median (in 34231)
Price:
$725,000
low | high
Med:
$249,900
100% of Average
SqFt:
4,860
low | high
Med:
1,826
100% of Average
$ / SqFt:
$149
low | high
Med:
$137
58.258941723005% of Average
On Site:
93
low | high
Med:
32
100% of Average
Listing Updated: 12/14/2018
MLS Number: A4413325
Listing Provided By:
Bill Santamaria  of  COLDWELL BANKER RES R E

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