651 Madison Court, Sarasota, Florida 34236
- $925,000
- $975,000
651 Madison Court, Sarasota, Florida 34236
- $925,000
- $975,000
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.
Details
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Property ID A4557875
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Price $925,000
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Land Area 0.15 Acres
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Bedrooms 3
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Bathrooms 3
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Year Built 1953
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Property Type Triplex, Residential Income
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Property Status Canceled
Additional details
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Listing Terms Cash, Conventional
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Roof Metal
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Utilities Electricity Connected, Water Connected
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Sewer Public Sewer
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Cooling Mini-Split Unit(s)
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Heating Electric
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County Sarasota
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Property Type Residential Income
Address
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Address: 651 MADISON COURT
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City: Sarasota
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State/county: FL
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Zip/Postal Code: 34236
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Country: US
What's Nearby?
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McDonald's (0.21 mi)
Contact Information
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