2915 LYNNHURST STREET SARASOTA FL 34239

Overview of 2915 Lynnhurst St

Cash-flow opportunity! This income-producing duplex two 2bed 1bath units, is already done for you and delivering strong returns with a 7% cap rate and solid annual tenants in place. The property has been beautifully updated with all major mechanicals handled, including a new roof (2021), updated ac units (2021 upstairs and 2018 downstairs), and a full re-plumb (2019) with pex, pvc, and new sewer lines. Both units feature updated kitchens and bathrooms along with durable vinyl flooring throughout, while the upstairs unit includes new appliances, cabinets, and countertops. Each unit is individually metered, tenants pay all utilities, and both are currently rented at $1,800 per month to excellent tenants. The downstairs unit is being sold turnkey furnished and has previously been used as a short-term rental, offering additional income potential. The property is ideally located just 2 miles to downtown sarasota, right next to arlington park and pool, around the corner from pinecrest and 3 miles to bayfront park, with close proximity to public transportation and the legacy trail. Additional highlights include a fully fenced yard, shaded backyard space, a large covered storage shed, and parking for up to 5 vehicles. No flood insurance is required with no flooding or storm damage!!! This is a rare opportunity to own an updated, stable, cash-flowing property from day one.

This lovely single family home was built in 1945 and features 4 bedrooms, and 2 full bathrooms. This home for sale is 1,632 square feet, with 1,632 sq ft being air conditioned living space. The home has a does not have a private swimming pool.

Directions to this property are as follows: Turn On Lynnhurst And Home Is On The Left.

Please contact your ZFC agent for more information about MLS# MFRA4687800 or any other homes for sale in Sarasota or elsewhere in the Sarasota County area.