Jessica Fredrick - Coldwell Banker Ackley
2130 N Orange Avenue
SARASOTA, FL 34234

Description

Investor Alert | Section 8 Guaranteed Income - Minimum 14.9% Gross CAP - Are you looking for a home with income opportunities? Look no further. Rent out both units, or live on one side and rent the other! This Duplex offers two identical units, each unit includes 2 bedrooms and one bathroom. Both units feature a large kitchen area with ample cabinet space. Central AC throughout, with a dual electric meter for each unit. The property is located near the heart of Sarasota allowing you quick access to Downtown, Ringling College, and Sarasota Bay. With the new Section 8 contract for 2019 each unit will generate $1,166 for a total of $2,332 per month. There are NO HOA fees and very low taxes and maintenance costs. The home is also located on a very large lot, with ample yard space. Located near downtown Sarasota on an oversized lot. HIGH GROSS ROI, LOW OVERHEAD, NO HOA. Each unit has 2 bedrooms 1 bathroom, an equipped kitchen with ample storage cabinets, and central AC.

Details

MLS#A4411182
Sub-TypeResale
StatusActive
Year1974
Days On Site140

Features

SQ Feet1,385
Units2
Building(s)1

Market Activity 34234

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Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34234
Area34234 - Sarasota
Listing VS Median (in 34234)
Price:
$180,000
low | high
Med:
$311,350
22.972222222222% of Average
SqFt:
1,385
low | high
Med:
958
80.830324909747% of Average
$ / SqFt:
$130
low | high
Med:
$325
100% of Average
On Site:
140
low | high
Med:
333.5
41.979010494753% of Average
Listing Updated: 01/16/2019
MLS Number: A4411182
Listing Provided By:
Ben Nathan  of  COLDWELL BANKER RESIDENTIAL R.

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