Englewood, FL 34223,177 W COWLES ST
Englewood, FL 34223,177 W COWLES ST
Englewood, FL 34223,177 W COWLES ST
Englewood, FL 34223,177 W COWLES ST
Englewood, FL 34223,177 W COWLES ST
Englewood, FL 34223,177 W COWLES ST
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$485,000

$499,000

2.8%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

2,432 SqFt


SOLD DATE : 04/26/2024

Key Details

Sold Price $485,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $199

Subdivision Palm View

MLS Listing ID D6135527

Sold Date 04/26/24

Bedrooms 5

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1986

Annual Tax Amount $5,617

Lot Size 8,276 Sqft

Acres 0.19

Property Description

~ INCOME PROPERTY IN OLD ENGLEWOOD VILLAGE! ~If you're in the market for a vacation home that generates income, this property could be the ideal match for you. Situated within walking distance to Old Englewood Village and Lemon Bay, and notably located in the desirable X500 flood zone (No flood insurance required), this investment offers a prime location along with three distinct floorplans.

The upstairs right unit is a recently updated 1 bed/1 bath. On the upstairs left, you'll find a spacious 2 bed/2 bath featuring walk-in closets, an eat-in kitchen, and sliding doors that open from both the living room and master bedroom to an outdoor deck. The ground floor houses a 2 bed/1 bath unit attached to one of the garages, which includes a door opener and direct access to the apartment from the garage. The second garage is designated for tenant storage. Additionally, the property offers a community laundry room, equipped with coin-operated machines, and an extra half bath for convenience.

Recent upgrades to the building include a new roof, soffits, and a fresh coat of exterior paint. All three units are in excellent condition, as are all mechanical systems. For those interested in income potential, the current rents provide a CAP rate that significantly outperforms traditional bank offerings. Schedule your private showing today.

Location

State FL

County Sarasota

Community Palm View

Zoning RMF1

Rooms

Other Rooms Inside Utility

Interior

Interior Features Ceiling Fans(s), Walk-In Closet(s)

Heating Central, Electric, Wall Units / Window Unit

Cooling Central Air

Flooring Carpet, Laminate

Fireplace false

Appliance Dryer, Electric Water Heater, Range, Refrigerator, Washer

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Fence

Parking Features Garage Door Opener

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Sewer Connected

Roof Type Shingle

Attached Garage true

Garage true

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Wood Frame

New Construction false

Construction Status Inspections

Schools

Elementary Schools Englewood Elementary

Middle Schools L.A. Ainger Middle

High Schools Lemon Bay High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by LASBURY-TRACY REALTY INC.
Bought with EXIT KING REALTY
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