2107 PHILLIPPI ST Pending

Sarasota,FL 34231

$ 349000

3 Beds

3 Baths

1896 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,896 sqft

Price per Sqft $184

Subdivision Succis Sub

MLS Listing ID TB8308570

Bedrooms 3

Full Baths 3

Construction Status Appraisal

HOA Y/N No

Originating Board Stellar MLS

Year Built 1949

Annual Tax Amount $4,478

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 70x312

Property Description

Under contract-accepting backup offers. 3 bedroom 3 bath income producing property that brings in $3700 monthly. This home is currently being used as a Triplex rental property with each unit having a private entrance. It could also be used as a single-family residence for a family/owner occupant. Each unit has interior doors to access the rest of the home. The current layout of the home is 1. A studio apartment with a breakfast bar and a full bathroom. Currently rented month to month for $750 a month. 2. A one-bedroom with a living room, kitchen, and bathroom that is rented for $1500 a month. Tenant can stay for 9 months or would be willing to vacate in 30 days. 3. Another one-bedroom with a living room, full kitchen, and a bathroom that is vacant but was previously rented for $1450. Home is on city water, electric, and sewer. There is one meter for the entire property and all utilities are currently being paid by the owner which runs around $500 a month typically. Motivated seller and priced way below comps for a quick sell. This would be a perfect opportunity for someone to live in one unit and rent out the other two while living for free and making cash flow. Huge half-acre lot with plenty of room to build more units or structures. Many renovations were done to the home 4 years ago including new kitchens, bathrooms, and flooring. The pictures are old and don't do it justice.

Location

State FL

County Sarasota

Community Succis Sub

Zoning RSF3

Interior

Interior Features Ceiling Fans(s),Primary Bedroom Main Floor

Heating Central,Wall Units / Window Unit

Cooling Central Air,Wall/Window Unit(s)

Flooring Luxury Vinyl,Tile,Wood

Fireplace true

Appliance Dishwasher,Refrigerator

Laundry Electric Dryer Hookup,Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Appraisal

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Riverview High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

View More
Favorite Go Tour