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2734 AUSTIN ST Sarasota, FL 34231
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Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,860 sqft
Price per Sqft $147
Subdivision Sarasota Highlands
MLS Listing ID A4413325
Sold Date 02/02/19
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1972
Annual Tax Amount $6,336
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 105 x 145
Property 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!
Location
State FL
County Sarasota
Community Sarasota Highlands
Zoning RMF2
Interior
Heating Electric
Cooling Central Air
Flooring Carpet, Tile
Furnishings Negotiable
Fireplace false
Appliance Range, Range Hood, Refrigerator
Laundry Laundry Closet
Exterior
Exterior Feature Storage
Garage Assigned, Guest, Off Street
Utilities Available Cable Available, Cable Connected, Electricity Connected, Phone Available, Sewer Available, Sewer Nearby
Waterfront false
Roof Type Shingle
Parking Type Assigned, Guest, Off Street
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Corner Lot, In County, Near Public Transit
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer, Septic Tank
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Schools
Elementary Schools Gulf Gate Elementary
Middle Schools Riverview Middle
High Schools Riverview High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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Bought with MAPP REALTY & INVESTMENT CO
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