432 ADELIA AVE new

Sarasota,FL 34236

$ 789000

4 Beds

4 Baths

2063 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,063 sqft

Price per Sqft $382

Subdivision Pritchard Frank

MLS Listing ID A4651104

Bedrooms 4

Year Built 1932

Annual Tax Amount $7,585

Lot Size 4,791 Sqft

Property Sub-Type Quadruplex

Property Description

Charming Fourplex in the Heart of Gillespie Park! Step back into Sarasota's golden era with this beautifully maintained 1935 gem just a hop, skip, and a latte from Downtown! This delightful 4-unit property is bursting with character and income potential. It would make an ideal house hack for someone looking to be close to downtown and have a good portion of your mortgage paid by your tenants. Featuring a 2/1, two 1/1s, and an adorable detached efficiency, all with great tenants on month-to-month leases who'd love to stay. Rents are strong and steady, with room to grow—especially if you incorporate the detached unit's storage space as an extra bedroom (or possibly reconfigure it to a 2/1)! Rents are currently $1,850 2/1, $1,595 1/1, $1,445 1/1, and $1,295 efficiency. The roof is from 2019 (nice!), there's parking for three, plus easy street parking for visitors or your future self. Zoned DTN, this lot has development flexibility with room for up to 12 units per acre. Whether you're an investor looking to expand or just want to own a piece of Sarasota charm, this property checks the boxes with a wink and a smile.

Location

State FL

County Sarasota

Community Pritchard Frank

Area 34236 - Sarasota

Zoning DTN

Interior

Heating Electric,Ductless

Cooling Wall/Window Unit(s)

Laundry None

Exterior

Exterior Feature Other

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Roof Type Shingle

Building

Foundation Stilt/On Piling

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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