Average square foot calculated using Size range provided by listing agent.
Description
Discover a lucrative investment opportunity with this turnkey 4-unit property at 3504 Estrada Street in the heart of Sarasota's Pinecraft neighborhood. This fully permitted income property promises a projected annual gross income nearing $100K, making it a prime prospect for savvy investors. The property features five bedrooms and four bathrooms across 2, 201 square feet of beautifully renovated space, complemented by high-end finishes, updated kitchens and bathrooms, and upgraded flooring. The 6, 072 square foot lot includes dedicated on-site parking, ensuring convenience for residents. Each unit is offered fully furnished with a $40K inventory of furniture, TVs, kitchenware, and décor, ensuring a seamless transition for new owners. Tenants will enjoy amenities such as air conditioning, central heating, common laundry facilities, and private outdoor spaces. The property also boasts a spacious porch and access to a playground, providing a welcoming environment for residents. Located close to local favorites like Yoder's, Der Dutchman, and Pinecraft Park, and just a short drive to Siesta Key Beach and Legacy Trail, this property offers guests a wealth of dining, shopping, and entertainment options. With proven rental success and room to boost revenue, this is a compelling opportunity for those seeking a hands-off, high-yield investment in a vibrant community.Show Description
MLS® NumberA4658671
Laundry LevelLaundry Room
Central VacNo
FireplaceNo
Acreage0.14
ExteriorOutbuildings, French Doors, Private Mailbox, Rain Gutters