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651 MADISON COURT, Sarasota, FL 34236

  • $925,000
  • $975,000
651 MADISON COURT, Sarasota, FL 34236
Canceled
651 MADISON COURT, Sarasota, FL 34236
651 MADISON COURT, Sarasota, FL 34236
  • $925,000
  • $975,000

Overview

Property ID: HZA4557875
  • Triplex, Residential Income
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1953
  • Year Built

Description

Did your stock portfolio get killed in 2022? Yep, mine too. What we should have done is buy a boring cash flowing asset, in a prime location. Something that doesn’t have any differed maintenance, a true Class – A rental building. We should have bought this. Every single surface has been touched in this Laurel Park triplex. All 3 units are 1/1’s, slightly different in size, and pay their own utilities (2 of them currently rented for $1995 and $1895, respectively. The roof, the plumbing, the Ac’s, full interiors, everything! This can be STR’d if you prefer that path as well. Throw in another 40k or so per year in tax deductible depreciation, this is the one. A true no-brainer.

  • Address 651 MADISON COURT
  • City Sarasota
  • State/county FL
  • Zip/Postal Code 34236
  • Country US

Details

Updated on July 30, 2023 at 4:43 pm
  • Property ID: HZA4557875
  • Price: $925,000
  • Land Area: 0.15 Acres
  • Bedrooms: 3
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 1953
  • Property Type: Triplex, Residential Income
  • Property Status: Canceled

Additional details

  • Listing Terms: Cash,Conventional
  • Roof: Metal
  • Utilities: Electricity Connected,Water Connected
  • Sewer: Public Sewer
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • County: Sarasota
  • Property Type: Residential Income

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