$523,500
$565,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
3712 S LOCKWOOD RIDGE RD Sarasota, FL 34239
2,936 SqFt
Key Details
Sold Price $523,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,936 sqft
Price per Sqft $178
Subdivision South Gate
MLS Listing ID T3303179
Sold Date 06/02/21
Construction Status Inspections
HOA Y/N No
Year Built 1968
Annual Tax Amount $3,453
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Description
Large duplex for sale! This duplex is very rare and in great condition. Includes an attached in law suit. Needs cosmetic work. Property is owner occupied. Not currently being rented to tenants. The potential rent in the area for this size duplex can be up to $1,500 per unit. Unit one has newer cabinets, granite counter tops with stainless steel appliances. Mexican tile floors throughout the living area. The in law suite needs updates. There is screened in pool with jacuzzi. The heat on the jacuzzi needs to be replaced. The pool motor is new. The roof is only 3 years old. Electric and plumbing work great. The first unit a/c is in great condition. The second unit a/c may need replacing soon down the road. This is a great property to add to any investor's portfolio for passive income.
Location
State FL
County Sarasota
Community South Gate
Zoning RMF2
Interior
Heating Central, Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Fireplace true
Appliance Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Other
Pool In Ground, Screen Enclosure
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool Yes
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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