Property 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.

Features
: Electric
: Mini-Split Unit(s)
: Other
: Ceiling Fans(s)
: Public Sewer
: Electricity Connected, Water Connected
Appliances
: Microwave, Refrigerator, Range
Address Map
US
FL
Sarasota
Sarasota
WASHINGTON PARK
34236
MADISON
651
COURT
W83° 28' 0.7''
N27° 19' 49.5''
Turn onto Madison Ct, last house on the left
34236 - Sarasota
RSM9
Additional Information
64x100
: Public
975000
2023-01-19
3
: Slab
: Block, Stucco
Financial
8793
Listing Information
281523484
274501900
Cash,Conventional
Canceled
2023-07-30T16:43:08Z
Stellar
: None
2023-07-30T16:40:03Z

Residential Income For Sale

651 Madison Court, Sarasota, Florida 34236

3 Bedrooms
3 Bathrooms
1,680
$925,000
Listing ID #A4557875
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A4557875
Price : $925,000
Bedrooms : 3
Bathrooms : 3
Square Footage : 1,680
Year Built : 1953
Lot Area : 0.15 Acre
Office Name : COMPASS FLORIDA LLC
Agent Name : Jason Skowronski
Property Sub Type : Triplex
Roof : Metal
Listing Status : Canceled
Agent info
Contact Agent