1825 ROBINHOOD STREET, SARASOTA, FL 34231
SOLD PRICE: (?)
$350,000
Triplex 1,913 Square Feet Taxes: $2,972.00 Built in 1950 Style: Custom Type: Triplex MLS # A4183780
Property Photo

Description of 1825 ROBINHOOD STREET, SARASOTA, FL 34231

Investors Alert -- 3 fully rented units with a cap rate of 7.5%. Very low maintenance needed on this centrally located West of the Trail Sarasota Triplex. Front duplex offers 2 bedroom and 1 bath on one side and then 1 bedroom, 1 bath on other side. Back Cottage has one bedroom, 1 bath, just remodeled. All 3 units have annual leases in place. Long term tenants, 8-9 years, 2-3 years. Gross income $32,700 less $3,000 for taxes and monthly expenses for water and sewer, owner is netting $28,000 -- 7.5% cap. Owners have installed new roofs on both buildings 2017. Cottage was just remodeled. Entire property is fenced and has maintenance free stones. Laundry shed is available for all 3 units. Property will be shown via 3D Virtual Tour on the units out of respect for tenants. All buyers will need to provide proof of funds and tenants will need 24-48 hour notice. Property is walking distance to Trader Joe's, a mile and a half to Sarasota Memorial Hospital and the Siesta Key North Bridge, 3 miles to down town Sarasota and #1 rated by Trip Adviser Beach Siesta Key.

Directions to 1825 ROBINHOOD STREET, SARASOTA, FL 34231

From Bee Ridge, head south on 41, Robinhood is across from Trader Joe's and 2 streets down from Best Buy

Features of 1825 ROBINHOOD STREET, SARASOTA, FL 34231

Schools

  • Elementary school: Phillippi Shores Elementary
  • High school: Riverview High
  • Middle school: Brookside Middle

Rooms

  • Guest house

Appliances

  • Dryer
  • Microwave oven
  • Range
  • Refrigerator
  • Washer

Heating/Cooling

  • Central air
  • Central heat
  • Electric water heater

Exterior

  • Deck
  • Frame exterior
  • Patio
  • Porch
  • Wood frame exterior

Lot

  • Fenced lot
  • Improvement: sidewalks
  • Lot acreage is: 0.16
  • Lot dimension is: 117X60
  • Lot zoned: RSF3
  • Subdivision: SOUTH HIGHLAND AMD OF

Interior

  • Cable television available

Roofing

  • Shingle roof

Construction

  • Total square feet: 1913.00
  • Units in building(s): 2

Other

  • Pets allowed
  • Tax year: 2016