Real Estate Companies Venice, FL

This property offers a remarkable approximate 14% annual ROI. Currently operating as a residential income duplex, it is also grandfathered for commercial use. The front unit features 2 bedrooms, 1 bath, and an open kitchen/living area, while the back unit includes 1 bedroom, 1 bath, a spacious living area, and a kitchen. One unit is currently rented, with the second unit recently vacated. Combined, the units generate a gross monthly income of $2,000, or $24,000 annually. Both units have been recently renovated, with upgrades to the HVAC, roof, flooring, water heater, walls, doors, and fixtures. The property offers two separate driveways for parking on the east side, along with a large parking area on the west side, accessible via Edwards Street. With its commercial zoning, this property offers flexible opportunities for various uses, such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial establishment. Don't miss this exceptional investment opportunity!

Property Details

Property Features
MLS ID:	MFRO6259440	Year Built:	1950
Appliances:	Range, Refrigerator	Construction Materials:	Concrete
Cooling:	Central Air, Wall/Window Unit(s)	Country:	US
Direction Faces:	East	Exterior Features:	Garden
Flooring:	Carpet, Slate, Tile	Foundation Details:	Slab
Heating:	Central, Wall Units / Window Unit	Laundry Features:	Electric Dryer Hookup
Levels:	Multi/Split	Listing Agreement:	Exclusive Right To Sell
Listing Terms:	Cash, Conventional	Occupant Type:	Tenant
Property Sub Type:	Half Duplex	Property Type:	Residential
Road Surface Type:	Asphalt	Roof:	Shingle
Sewer:	Public Sewer	Showing Requirements:	Appointment Only
Special Listing Conditions:	None	Standard Status:	Active
State Or Province:	FL	Utilities:	Public
Water Source:	Public

Rooms				Rooms
Bathroom 1:		Bathroom 2:
Kitchen:		Primary Bedroom:
Bathroom 2:		Living Room:

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