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Description
Amazing Rental Opportunity!! Potentially over $72,000 in NET INCOME. No HOA!! This is a Triplex in the City Limits with 2 extra Mother-in-Law Apartments attached. (Each with it's own private entrance). All 3 Units are leased with very reliable Tenants. There are 2 Large Outbuildings that can be used for Storage or Workshops/Man-caves. There is Plenty of space for Parking. The 2 Vacant lots next door are Included in the price giving you Huge Potential to Build 2 more Houses. Inside the Homes you will find nicely updated Kitchens, Bathrooms, and Tile Floors. Being Located just Minutes from Downtown Sarasota gives you easy Access to St. Armands and Lido Key. The SRQ Airport is Very close by as well!
Property Highlights
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Electric
Lot Size: 0.59 Acres
Roof Type: Membrane, Other, Shingle
Taxes: $4,473
Year Built: 1930
General Information
Bedrooms: 6
Bathrooms: 6 Full
Sqft: 3,613
County: Sarasota
High School: Booker High
Subdivision: PALM GROVE
Listed By:
Jeremy Egglefield
PREFERRED SHORE LLC
941-999-1179
MLS ID: A4688091
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Split Bedroom
Thermostat
Window Treatments
Outdoor Shower
Storage
Room Information
Kitchen: 12x9
Living Room: 20x18
Primary Bedroom: 15x12
Property Features
Additional Rooms: Bonus Room, Family Room, Garage Apartment, Interior In-Law Suite w/Private Entry, Storage Rooms
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Range, Refrigerator, Washer
Directions: Driving North on US 41 from Downtown Sarasota Turn Right on Myrtle st, Turn Left on Central Ave, Turn Left on 40th st., Property is on the right.
Exterior: Block
Fireplace: Family Room
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Other, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Drainage Canal, City Limits, Landscaped, Oversized Lot, Paved
Lot Dimensions: 0.59
Other Structures: Additional Single Family Home, Guest House, Shed(s), Storage
Ownership: Fee Simple
Patio/Porch: Covered, Deck, Other, Screened, Side Porch
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Vegetation: Oak Trees, Trees/Landscaped
Water: Public
Water Access Y/N: No
Windows: Window Treatments
Zoning: RSF3
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Contact an agent to learn more about
1335 40th Street , Sarasota, FL 34234.
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Estimated Payment
$ 3,850.36 per month $3,200.82 Principal & Interest $372.75 Property Tax $276.79 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”