Commercial property in Sarasota, Florida 6 bedrooms, 198.07 sq.m. № 1837628

Property description

PRICE IMPROVEMENT! Seller is providing a $2.5k credit to buyer(s) at closing!! Don't miss out on this well-maintained and income-producing Sarasota duplex featuring two spacious 3BD/1.5BA units, each with its own private entry. Less than 10 minutes from Downtown Sarasota! Market rents call for $4.4k/month for the building, well above current rents, providing tremendous upside for new investors. Recent upgrades include full property re-piping in 2024, tankless water heaters, and a newer roof installed in 2017. Each unit offers a functional layout with a half bath off the primary bedroom, tile flooring throughout, and long-term tenants already in place. Two detached storage sheds with electric provide extra utility and flexibility. Property is currently on well/septic but central utilities are available at the street. Zoned RMF-2, this parcel may also allow for the addition of an Accessory Dwelling Unit (ADU), buyer to verify with the City of Sarasota. With stable rental income and strong tenant history, this duplex offers immediate cash flow and long-term upside, an ideal addition to any investor’s portfolio.