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1600 Cardinal Lane

Englewood, FL 34224
  • $349,900
  • STATUS: Active
  • ON SITE: 147 Days
  • MLS #: A4595671
UPDATED: 78 min ago
$349,900
  • 2
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,550
    SQFT
  • $226
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Ratings & Info

Description

Investors Paradise with this gem of a duplex, a two bed, two bath property, with an FDOT approved, direct access driveway, off of McCall. This building has two units with 1 bedroom and 1 bath in each unit and is currently being used for long-term rentals; and would easily convert to seasonal rentals. There has been continual preventative maintenance on the building, so everything is functioning very well. At present you can achieve approximately an 8% ROI Plus Equity, with plenty of room for value-add projects, to increase your revenues. This structure is located three short miles from the Manasota Key Beach and is surrounded by all manner of amenities. Currently both units are leased out with a one year term. One unit is a new tenant and other is a long term tenant. Duplex has a nice screened in shared patio and outdoor area for sitting, grilling, or just enjoying FL beautiful summer days. Call today for private showing

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-13T12:54:17.807.
www.mybrcgroup.com/homes/146714050
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1600 Cardinal Lane Englewood, FL 34224

  • Price: $349,900
  • Status: Active
  • On Site: 147 Days
  • Updated: 78 min ago
  • MLS #: A4595671
2
Beds
0
Baths
0
½ Baths
0.21
Acres
1,550
SQFT
$226
$/SQFT
1969
Built
Neighborhood:
Breezewood Manor
County:
Charlotte
Area:
Englewood
Property Description
Investors Paradise with this gem of a duplex, a two bed, two bath property, with an FDOT approved, direct access driveway, off of McCall. This building has two units with 1 bedroom and 1 bath in each unit and is currently being used for long-term rentals; and would easily convert to seasonal rentals. There has been continual preventative maintenance on the building, so everything is functioning very well. At present you can achieve approximately an 8% ROI Plus Equity, with plenty of room for value-add projects, to increase your revenues. This structure is located three short miles from the Manasota Key Beach and is surrounded by all manner of amenities. Currently both units are leased out with a one year term. One unit is a new tenant and other is a long term tenant. Duplex has a nice screened in shared patio and outdoor area for sitting, grilling, or just enjoying FL beautiful summer days. Call today for private showing
Exterior Features

Carport Spaces 2 Carport Yn Yes Construction Materials Block Covered Spaces 2 Exterior Features Private Mailbox Foundation Details Slab Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Yn No Furnished Unfurnished Heating Electric Heating YN Yes Interior Features Ceiling Fans(s) Laundry Features Electric Dryer HookupWasher Hookup Levels One Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 29400 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code ae Garage Yn No Listing Terms CashConventional New Construction Yn No Ownership Fee Simple Property Sub Type Duplex Realtor Info Short Term Rental Allowed Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Breezewood Manor Tax Annual Amount 4198.11 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity AvailablePublicWater Available Zoning RMF15


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of HORIZON REALTY INTERNATIONAL: 941-238-0953.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-13T12:54:17.807.
 
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The BRC Group, LLC
333 Park Ave, P.O. Box 1990
Boca Grande FL, 33921