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$935,000
112-118 Colonia Ln E, Nokomis, FL 34275
4 Beds
2 Baths
3,404 SqFt

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RARE MF INVESTMENT OPPORTUNITY. This 4-Plex in Sarasota County is fully-occupied with long-term, stable tenants. Current rent is below market and does not reflect the actual earning potential of this property. Increase rent to market rate for substantial return on investment. Market CAP rate 7+%. Showings by appointment only. PLEASE DO NOT DISTURB TENANTS.
  • Price:
  • $935,000
  • Bedrooms:
  • 4
  • Square Footage:
  • 3,404
  • Acreage:
  • 0.17
  • Year Built:
  • 1977
  • Listing ID #:
  • MFRA4539877
  • Street Address:
  • 112-118 Colonia Ln E
  • City:
  • Nokomis
  • State:
  • Florida
  • Postal Code:
  • 34275
  • County:
  • Sarasota
  • Community:
  • Nokomis/North Venice
  • Subdivision:
  • Nokomis
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 3404
  • Construction Type:
  • Block, Stucco
  • Exterior Features:
  • Lighting
  • Flooring:
  • Vinyl
  • Foundation:
  • Slab
  • Number Of Units:
  • 4
  • Stories:
  • One
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 3332
  • Type Of Roof:
  • Shingle
  • Year Built:
  • 1977
  • Annual Expenses:
  • 6085
  • Annual Income:
  • 53735.00
  • Gross Income:
  • 59820
  • Conforms To Zoning:
  • Rmf1
  • Federal Flood Zone:
  • Ae
  • Lot Features:
  • Near Public Transit, Paved
  • Lot Square Footage:
  • 7487
  • Community Features:
  • Sidewalks
  • Days On Market:
  • 99
  • On Market Date:
  • 2022-06-23
  • Originating Mls:
  • Mfrmls
  • Terms:
  • Cash
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $5,266
  • Tax Year:
  • 2021
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Electric
  • Sewage Type:
  • Septic Tank
  • Utilities:
  • Cable Available, Electricity Connected, Fire Hydrant, Street Lights
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Marc Pearl with KELLER WILLIAMS CLASSIC GROUP
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. 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.
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