2915 LYNNHURST ST new Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34239
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,632 sqft
Price per Sqft $321
Subdivision Rio Vista
MLS Listing ID A4628893
HOA Y/N No
Originating Board Stellar MLS
Year Built 1945
Annual Tax Amount $3,865
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x121
Property Description
Attention investors! This 7% cap rate duplex is already nicely remodeled with all of the major mechanicals updated within the last few years. Flood insurance is not required and the home had no flooding or damage during any of the storms this year. New roof in 2021, the AC unit was replaced in 2021 in the upstairs unit and 2018 in the bottom unit. The house was re-plumbed in 2019 with all PEX and PVC and new sewer lines. The upstairs unit has all new appliances, kitchen cabinets and countertops. Both units have new vinyl flooring and updated kitchens and bathrooms. The units are individually metered. The upstairs unit is currently rented at $1800/mo through April 1, which is below market rent and tenant pays all utilities. The downstairs unit is being sold turnkey furnished. It was used for family and friends and some short term rentals. The location is excellent - near public transport and only 2 miles to downtown Sarasota and 3 miles to Bayfront Park. It is also very close to the Legacy Trail access point. The property is fully fenced and the backyard is nicely shaded with a large covered storage shed. There is parking space for up to 5 vehicles. Showings to begin Saturday afternoon and sellers will review all offers Tuesday evening.
Location
State FL
County Sarasota
Community Rio Vista
Zoning RSF3
Interior
Interior Features Eat-in Kitchen,Stone Counters,Thermostat
Heating Central,Electric,Space Heater
Cooling Central Air
Flooring Luxury Vinyl
Furnishings Partially
Fireplace false
Appliance Dishwasher,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
Laundry Common Area,Outside
Exterior
Exterior Feature Fence,Private Mailbox,Storage
Garage Guest,Off Street,Open
Utilities Available Electricity Connected,Public,Sewer Connected,Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Landscaped,Near Public Transit,Paved
Entry Level Two
Foundation Pillar/Post/Pier
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Wood Frame
New Construction false
Schools
Elementary Schools Alta Vista Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,USDA Loan,VA Loan
Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan
Special Listing Condition None