12142 MARGARITA AVE, NORTH PORT, FL, 34287
$245,000
Residential Income
|
Living Area
1,581 Sqft
|
Lot Size
9,600 Sqft
|
Priced to Sell – AS-IS! Investor Alert! Rare Opportunity!
Warm Mineral Springs Triplex – Income-Producing Property
This well-located triplex is not in a flood zone and is priced to sell as-is. It offers strong income potential with long-term tenants already in place.
Some updates have already been completed:
Water filtration system (2024)
Garage roof (2022)
Unit B: Freshly painted and updated
Unit C: Freshly painted (2023)
Unit A: Needs TLC, currently occupied by long-term tenant.
Don't miss this rare opportunity to own an income-generating property in the desirable Warm Mineral Springs area. Ideal for buy-and-hold investors or those looking to add value over time.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4662243 | Year Built: | 1955 | |
| Appliances: | Microwave, Range | Construction Materials: | Block, Stucco, Frame | |
| Cooling: | Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Sarasota | Exterior Features: | Lighting | |
| Foundation Details: | Slab | Heating: | Electric, Ductless | |
| Laundry Features: | None, Other | Lease Term: | Twelve Months | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash | Occupant Type: | Tenant | |
| Property Sub Type: | Triplex | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Septic Tank | Showing Requirements: | 24 Hour Notice, Call Listing Agent, Combination Lock Box, Do Not Contact Tenants | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Electricity Connected | |
| Water Source: | Private | |||
We love to hear from you