WELCOME INVESTORS! You'll appreciate the modern updates and a new 5V metal roof being installed in the next couple of weeks which will add to the charm of this amazing property! Perfect to add to your portfolio or a great opportunity if you are buying your first. You will 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 dcor, 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.
WELCOME INVESTORS! You'll appreciate the modern updates and a new 5V metal roof being installed in the next couple of weeks which will add to the charm of this amazing property! Perfect to add to your portfolio or a great opportunity if you are buying your first. You will 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 dcor, 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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Awning(s), Balcony, French Doors, Private Mailbox, Rain Gutters
Flooring: Ceramic Tile, Concrete, Tile
Living Area: 2643.00
Roof: Shingle
School Information
High School: Sarasota High
Middle School: Brookside Middle
School Elementary: Southside Elementary
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s), Zoned
Heating: Central, Ductless
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
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