903 ALBEE RD W

undefined bed | 0 bath | 3,441ft²

$1,800,000

List Price

Home Information and Amenities

undefined Bedrooms

0 Bathrooms

LOCATION ALERT!! This is a rare opportunity to own an income property within a 5 minute walk to the Gorgeous Nokomis Beach. You will fall in love with this well maintained beach area 4-Plex that has positive cash flow. This area is a boater's paradise with a marina and a boat ramp right down the street. You can live in the fully updated larger 2.5 bed/2 bath unit while you rent out the other 3 units for income, or just rent them all and maximize your profits. The AC is only 2 years old. The roof is only 5 years old with a solar system that brings the electric bill down to around $30 per month. There are 4 carports underneath that will comfortably park 4 cars in each. The Flood insurance is only about $600 per year because all the units are on the 2nd story. The floors have been insulated with icynene foam for high efficiency. There is a new Whole House Reverse Osmosis system. The house is hooked up to County Sewer with the option to connect to County Water if you want to. There is a large wooden deck to relax on that wraps around Unit #4 and a small deck outside each of units 1, 2, and 3. There is room for a pool in back and also the potential to close in part of the downstairs and build a 5th unit. This is a unique property for the right person. The property is occupied by tenants and is rented on AirBnB. Make an appointment to see this rare gem today!

  • Property type

Quadruplex

  • # of Bedrooms

undefined

  • # of Bathrooms

0

  • Heating

Electric,Heat Pump,Solar

  • Year Built

1992

  • Size

3,441ft²

  • Lot Size

25,822ft²

  • Cooling

Central Air