$425,000
$499,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
501 OVALANDO PL North Port, FL 34287
2,432 SqFt
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,432 sqft
Price per Sqft $174
Subdivision Warm Mineral Spgs
MLS Listing ID A4489061
Sold Date 02/11/21
HOA Y/N No
Year Built 1952
Annual Tax Amount $3,590
Lot Size 0.610 Acres
Acres 0.61
Property Description
A wonderful investment opportunity. Walking distance to Warm Mineral Springs! Click the 3D tour button for a virtual walkthrough of unit 3 (currently vacant). A portfolio of 5 single family homes. They are broken down into 2 parcels of land, one is a single family home, and the other is a 4 unit. 4 units are 1 bedroom, 1 bathroom, and 1 unit (unit #1) is a 2 bedroom, 1 bathroom unit. All concrete block construction! Also, every unit has submetered electric, and are all on well water and septic tanks, so no fees on water supply. Very low taxes. Also unit 2 has been completely remodeled and most tenants are long term tenants, with an excellent opportunity for a rent increase.
Location
State FL
County Sarasota
Community Warm Mineral Spgs
Zoning RMF3
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available Electricity Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Schools
Elementary Schools Glenallen Elementary
Middle Schools Heron Creek Middle
High Schools North Port High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CENTURY 21 AZTEC & ASSOCIATES