Sarasota's Premier Homes

525 RAWLS AVENUE

SARASOTA , FL 34236

MLS#: A4650013

$1,150,000

Status: Active
Listing number: A4650013
Listing provided by: QUEST PROPERTIES INC
Listing agent phone: None
Last update: 13 days ago
On site: 2 months ago
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BURNS REALTY - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

1,316

Price per SqFt

N/A

Investor’s Dream - 5-Unit Rental Gem! High ROI potential, zoned for weekly rentals. Welcome to a rare opportunity to own a cash-flowing multifamily building perfectly positioned to capitalize on the booming short-term rental market. 4 of the 5 Units have been renovated with new kitchens. All 5 units have new mini-split AC systems and have large private terraces. One unit is turnkey furnished with proven revenue history in this high-demand area! The other 4 apartments are currently rented to annual tenants, but could easily be converted to short-term rental units. There are also 10 mini garage units that are leased to tenants for storage at an average of $125/month. Location, Location, Location: This Laurel Park location is minutes from downtown, the entertainment venues and restaurants of Burns Court, and other cultural hotspots. This prime income property is ready for a new owner to step in and start earning from day one. Pro-forma statement available upon request.

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

Exterior

  • Garage

    No

  • Construction Materials

    Block, Brick, Stucco, Frame

  • Other Exterior Features

    Balcony, Courtyard, Lighting, Storage

Area & Lot

  • Lot Size(acres)

    0.09

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Financial

  • Sales Price

    $1,150,000

  • Tax Amount

    12863.4

Property Features

  • Association

    NO

  • Senior Community YN

    No

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Location

County

Sarasota

Elementary School

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Listing Courtesy of Timothy Bloch , QUEST PROPERTIES INC

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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Investor’s Dream - 5-Unit Rental Gem! High ROI potential, zoned for weekly rentals. Welcome to a rare opportunity to own a cash-flowing multifamily building perfectly positioned to capitalize on the booming short-term rental market. 4 of the 5 Units have been renovated with new kitchens. All 5 units have new mini-split AC systems and have large private terraces. One unit is turnkey furnished with proven revenue history in this high-demand area! The other 4 apartments are currently rented to annual tenants, but could easily be converted to short-term rental units. There are also 10 mini garage units that are leased to tenants for storage at an average of $125/month. Location, Location, Location: This Laurel Park location is minutes from downtown, the entertainment venues and restaurants of Burns Court, and other cultural hotspots. This prime income property is ready for a new owner to step in and start earning from day one. Pro-forma statement available upon request.

525 RAWLS AVENUE

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