Description
Location. Location. Location. Live, rent, build, or develop in downtown Sarasota. Fantastic opportunity to own 4 units in the heart of downtown Sarasota in historic Laurel Park. One of the last remaining large lots on Oak Street, surrounded by new build estate lots as well as single family homes. This multi family 4 apartment property has been beautifully renovated to brand new condition. Each of the 4 units showcase a lovely kitchen with stainless steel appliances, updated bathrooms, and new flooring throughout. Additional features include windows for ample amounts of natural light and the 10,340 sq. Ft lot provides a large space for parking. Walking distance to Burns Court and downtown Sarasota to enjoy wonderful restaurants, shopping, theaters, and the beautiful bay Front. Don’t miss this great investment opportunity in downtown Sarasota in the increasingly hot rental market. Lot can be divided for an additional buildable lot with access from Cherry Lane keeping the current income property in place, or build the home of your dreams! Great rental income opportunity - all 4 updated units are currently well below market rents.
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: A4518836
| Area |
34236 - Sarasota |
| Number of Units Total |
4 |
| Property Subtype |
Residential Income |
| Property Type |
Quadruplex |
| Subdivision |
Laurel Park |
| Taxes |
$9,501 |
| Utilities |
Cable Available, Electricity Connected, Sewer Connected, Water Connected |
| Flooring |
Tile |
| Laundry |
Inside, Laundry Room |
| Appliances |
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer |
| Cooling |
Central Air |
| Exterior Features |
Awning(s) |
| Heating |
Central |
| Interior Features |
Built-in Features |
| Interior Square Footage |
2,734 |
| Lot Size Acres |
0.24 |
| Lot Size Dimension |
56x186 |
| Lot Size Square Feet |
10,340 |
| Patio Features |
Porch |
| Roof |
Shingle |
| Sewer |
Public Sewer |
| Stories |
Two |
| Water Source |
Public |
3D Tour