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2915 Lynnhurst Street, Sarasota, FL 34239

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For Sale

$524,999

1,632 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $321.69
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# A4628893

Courtesy Of Keller Williams on the Water Sarasota

(941) 803-7522

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Vinyl
  • Heating System
    Central Furnace, Space Heater
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 2915 Lynnhurst Street, Sarasota, FL 34239

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(727) 826-1522
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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