1610 22nd St - Multi-Family FOR SALE


Sarasota, FL 34234- Downtown Sarasota
$429,000 USD
813-404-6916
1610 22nd St, Sarasota, FL for Sale
$429,000 USD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

1610 22nd St
Sarasota, FL 34234
Downtown Sarasota


OVERVIEW

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 bathroom Unit 2: 2 bedrooms, 1 bathroom Both 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 roof Updated central A/C units Upgraded electrical and plumbing systems Unique 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.

FOR SALE DETAILS

PRICE

$429,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

2

PRICE/UNIT

$214,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2024-07-0015

ASK ABOUT THIS PROPERTY

Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

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Kurt WestfieldBlue Peak RealtyMore Info
813-404-6916

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.