2915 LYNNHURST STREET, Sarasota, FL 34239

  • $475,000

Overview

Property ID: A4687789
  • Duplex, Residential Income
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1632 Sqft
  • Area Size
  • 1945
  • Year Built

Description

CASH-FLOW OPPORTUNITY! This INCOME-PRODUCING DUPLEX is already done for you and delivering strong returns with a 7% CAP RATE and SOLID ANNUAL TENANTS IN PLACE. The property has been BEAUTIFULLY UPDATED with all major mechanicals handled, including a NEW ROOF (2021), UPDATED AC UNITS (2021 upstairs and 2018 downstairs), and a FULL RE-PLUMB (2019) with PEX, PVC, and NEW SEWER lines. Both units feature UPDATED KITCHENS AND BATHROOMS along with DURABLE VINYL FLOORING THROUGHOUT, while the upstairs unit includes NEW APPLIANCES, CABINETS, AND COUNTERTOPS.

Each unit is INDIVIDUALLY METERED, tenants PAY ALL UTILITIES, and both are currently rented at $1,800 per month to excellent tenants. The downstairs unit is being sold TURNKEY FURNISHED and has previously been used as a SHORT-TERM RENTAL, offering additional income potential. The property is ideally located just 2 miles to downtown Sarasota, Right Next to Arlington park and pool, around the corner from Pinecrest and 3 miles to Bayfront Park, with close proximity to public transportation and the Legacy Trail.

Additional highlights include a FULLY FENCED YARD, SHADED BACKYARD SPACE, a LARGE COVERED STORAGE SHED, and PARKING FOR UP TO 5 VEHICLES. NO FLOOD INSURANCE IS REQUIRED with NO FLOODING OR STORM DAMAGE!!! This is a rare opportunity to own an UPDATED, STABLE, CASH-FLOWING PROPERTY from day one.

  • Address: 2915 LYNNHURST STREET
  • City: Sarasota
  • State/county: FL
  • Zip/Postal Code: 34239
  • Area: RIO VISTA
  • Country: US

Details

Updated on April 12, 2026 at 11:30 pm
  • Property ID A4687789
  • Price $475,000
  • Property Size 1632 Sqft
  • Land Area 0.14 Acres
  • Bedrooms 4
  • Bathrooms 2
  • Garage Size x x
  • Year Built 1945
  • Property Type Duplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional,FHA,USDA Loan,VA Loan
  • Roof Shingle
  • Utilities Electricity Connected,Public,Sewer Connected,Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central,Electric,Space Heater
  • Flooring Luxury Vinyl
  • County Sarasota
  • Property Type Residential Income
  • Parking Guest,Off Street,Open
  • Elementary School Alta Vista Elementary
  • Middle School Brookside Middle
  • High School Sarasota High

Mortgage Calculator

Schedule a Tour

360° Virtual Tour

What's Nearby?

Please supply your API key Click Here

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare