177 West Cowles Street
177 West Cowles Street
$499,000
5
2,432
2,432
$205
Pending
Description
Under contract-accepting backup offers. ~ 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...Under contract-accepting backup offers. ~ 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.
- Listed by Austin Tracy • LASBURY-TRACY REALTY INC.
Property Details for 177 West Cowles Street
Subdivision Name
PALM VIEW
Township40
Garage Spaces2
WaterfrontNo
Location
LISTING UPDATED: 03/29/2024 11:55 AM
Property Details for 177 West Cowles Street
Status | Pending |
---|---|
MLS # | D6135527 |
Days on Market | 15 |
Taxes | $5,617 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1986 |
Lot Size | 0.19 AC / 8,243 SF |
County | Sarasota County |
Location
Building Information for 177 West Cowles Street
Stories-Residences3Year Built1986Building Size-Lot Size0.19 AC / 8,243 SF
Payment Calculator
$3,191 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 177 West Cowles Street
Property History for 177 West Cowles Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 177 West Cowles Street
Taxable ValueLand$59,200Additions$394,800Total$454,000
Tax Record2023$5,617 ($468 / month)
Home Facts
Baths4.5Total Finished SqFt928 SqFtAbove Grade Finished SqFt928 SqFtStories2Lot Size8,243 SqFtStyleTriplexYear Built1986Year Renovated2001ZoningRMF1CountySARASOTAAPN0503-09-0002
Schools near 177 West Cowles Street
This home is within Sarasota.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Englewood Elementary School PublicK to 5 | ||
Venice Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
Sky Academy Englewood Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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