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$429,000

1610 22nd Street Sarasota, FL 34234 Multi Unit - Multiple Active

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Description

This well-maintained duplex is ideally situated just minutes from the airport, downtown Sarasota, and the area's world-renowned beaches.The property features two separately metered units, offering strong rental appeal and ease of management:Unit 1: 3 bedrooms, 1 bathroomUnit 2: 2 bedrooms, 1 bathroomBoth units are tenant-occupied with long-term leases in place, generating a gross monthly rent of $3,350. Tenants pay their own water and electric, keeping operating expenses low for the owner.Situated on a desirable corner lot, the property also includes laundry hookups for added tenant convenience.Major updates have already been completed, providing peace of mind for investors:Newer roofUpdated central A/C unitsUpgraded electrical and plumbing systemsUnique Financing Opportunity:The seller is open to creative financing options and currently has a mortgage on the property, making this an excellent opportunity for buyers seeking flexible terms.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $4,311
Year Built: 1962

General Information

Bedrooms: 5
Sqft: 1,625
County: Sarasota
Subdivision: NEWTOWN SOUTH SIDE
Listed By:
Andrew Cutrona BLUE PEAK REALTY LLC 727-777-7100

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Fence
Lighting

Property Features

Annual Net Income: 30157.00
Days on Site: 2
Directions: Follow University Pkwy and US-301 S/N Washington Blvd to 22nd St in Sarasota. Turn left onto N Orange Ave
Exterior: Block
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Listing Terms: Cash, Conventional, FHA, Other, Owner Financing
Lot Dimensions: 0.16
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RSF4
$429,000
5beds
1,625sqft
New to the Market Active
BEDS5 BATHS SQUARE FEET1,625 MLS#O6397687
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNEWTOWN SOUTH SIDE

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1610 22nd Street , Sarasota, FL 34234.

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Estimated Payment

$ 1,931.32 per month $1,446.95 Principal & Interest $359.25 Property Tax $125.13 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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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.” 

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