Description
INVESTOR ALERT! Hurry in to view this income-producing triplex for instant cash flow. Conveniently located in up-and-coming Gillispie Park. Given its closeness to downtown Sarasota, this property has a very high demand for tenants with short- vacancies and significant income potential. This property consists of 2, 2bed/1bath units in the front and a studio in the rear. Unit 416 is unoccupied and has been updated, with fresh paint, new wood-like vinyl flooring, kitchen cabinets & countertops. Units 418 and 420 are both tenant occupied. Newly installed roof (2022), exterior paint, and landscaping improvements. Electric separately metered, 1 meter for water. Professional management is in place, so this can be an easy turn-key investment opportunity. All said, this property offering presents an exceptional value-add opportunity in a submarket with explosive growth and proven rental demand. Showings are available by appointment only.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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2,175SQFT
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$320$/SQFT
School Ratings & Info
Description
INVESTOR ALERT! Hurry in to view this income-producing triplex for instant cash flow. Conveniently located in up-and-coming Gillispie Park. Given its closeness to downtown Sarasota, this property has a very high demand for tenants with short- vacancies and significant income potential. This property consists of 2, 2bed/1bath units in the front and a studio in the rear. Unit 416 is unoccupied and has been updated, with fresh paint, new wood-like vinyl flooring, kitchen cabinets & countertops. Units 418 and 420 are both tenant occupied. Newly installed roof (2022), exterior paint, and landscaping improvements. Electric separately metered, 1 meter for water. Professional management is in place, so this can be an easy turn-key investment opportunity. All said, this property offering presents an exceptional value-add opportunity in a submarket with explosive growth and proven rental demand. Showings are available by appointment only.
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