Under contract-accepting backup offers. 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.
Pending
$1,150,000
525 Rawls Ave, Sarasota, FL 34236
1beds
5baths
1,316sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$874/sqft
$-- HOA
What's special
Renovated with new kitchensNew mini-split ac systemsLarge private terraces
- 115 days
- on Zillow |
- 142 |
- 7 |
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