525 Rawls Avenue, SARASOTA, FL 34236
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Priced at Only: $1,150,000
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Address: 525 Rawls Avenue, SARASOTA, FL 34236
Property Location and Similar Properties
- MLS#: A4650013 ( Multi-Family )
- Street Address: 525 Rawls Avenue
- Viewed:
- Price: $1,150,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1920
- Bldg sqft: 0
- Days On Market: 6
- Additional Information
- Geolocation: 27.3321 / -82.5378
- County: SARASOTA
- City: SARASOTA
- Zipcode: 34236
- Subdivision: Burns Realty
- Provided by: QUEST PROPERTIES INC
- Contact: Timothy Bloch
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DescriptionInvestors 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.
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