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:	MFRO6274018	Year Built:	1950
Appliances:	Range, Refrigerator	Construction Materials:	Concrete
Cooling:	Central Air, Wall/Window Unit(s)	Country:	US
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:	Duplex
Property Type:	Residential Income	Road Surface Type:	Asphalt
Roof:	Shingle	Sewer:	Public Sewer
Showing Requirements:	Appointment Only, See Remarks	Special Listing Conditions:	None
Standard Status:	Active	State Or Province:	FL
Utilities:	Public	Water Source:	Public

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