$425,000
$399,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1904-1906 MARCIA ST Sarasota, FL 34231
1,851 SqFt
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,851 sqft
Price per Sqft $229
Subdivision North Vamo Sub 2
MLS Listing ID A4519774
Sold Date 01/14/22
Construction Status Other Contract Contingencies
HOA Y/N No
Year Built 1980
Annual Tax Amount $2,756
Lot Size 7,405 Sqft
Acres 0.17
Property Description
A++ LOCATION, MINUTES TO SIESTA KEY, WEST OF THE TRAIL ** FANTASTIC CAP RATE, STRONG RENTAL HISTORY ** BOTH UNITS ARE 2 BEDROOM, 1 BATH ** Don't miss this opportunity to own a cash producing duplex in an unbeatable location. Both units are 2/1's paying $1,300/month each, with the front unit recently securing a long-term lease with a very good tenant. Tenants of this property enjoy immediate access to Publix, Banking, US 41 and Minutes to Siesta Key. Beautiful homes are located in this neighborhood as intercoastal property lines the waterfront a few blocks from this property. Rental values continue to rise in this premium Vamo community. This location also satisfies a vacation/seasonal rental strategy. If you are looking to earn immediate cash flow from a Sarasota rental property, this is the one.
Location
State FL
County Sarasota
Community North Vamo Sub 2
Zoning RMF1
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Sliding Doors
Utilities Available Other
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Concrete
New Construction false
Construction Status Other Contract Contingencies
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with RE/MAX ALLIANCE GROUP