Homes for sale - 2915 LYNNHURST ST, Sarasota, FL 34239

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Andrea Stultz Wood

andrea.stultz@engelvoelkers.com +1(941) 929-6529

$ 524,999

Est. payment -/mo

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2915 LYNNHURST ST Sarasota, FL 34239

1,632 SqFt

UPDATED:

12/03/2024 06:07 AM

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.

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

Parking Features Guest, Off Street, Open

Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected

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

Listed by KELLER WILLIAMS ON THE WATER S

Andrea Stultz Wood

Advisor

+1(941) 929-6529

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