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  • MLS#: A4660436 ( Residential Income )
  • Street Address: 544 Briarwood Road
  • Viewed: 56
  • Price: $420,000
  • Price sqft: $196
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 2140
  • Bedrooms: 4
  • Total Baths: 4
  • Days On Market: 96
  • Additional Information
  • Geolocation: 27.0682 / -82.4057
  • County: SARASOTA
  • City: VENICE
  • Zipcode: 34293
  • Subdivision: Venice Gardens
  • Elementary School: Garden
  • Middle School: Venice Area
  • High School: Venice Senior
  • Provided by: RE/MAX ALLIANCE GROUP
  • Contact: Rachel Tritschler
  • 941-954-5454
  • mfrmls
  • DMCA Notice
  • Description
    Turnkey Venice Duplex | 9.4% Cap Rate | No Flood Zone | Portfolio Deal Available Why gamble on the stock market when you can lock in steady returns with this cash flowing duplex in the heart of Venice Gardens? 544 Briarwood Rd is a fully occupied, income producing duplex offering a strong 9.4% cap rate and no rental restrictions, making it a perfect fit for both seasoned investors and owner occupants. Each unit includes 2 bedrooms and 1.5 bathrooms, with secure, long term tenants already in place. Recent improvements include a new roof, updated flooring, fresh interior paint, and refreshed bathroom vanities and fixturesdelivering peace of mind and minimal upkeep for years to come. This property brings in $42,900 in annual gross income with net operating income of $41,280, and annual expenses are impressively low at just $1,620. Located outside of the flood zone, with individual utility metering and solid block construction, this is the type of reliable asset that rarely hits the market. Whether you're building your portfolio or looking to live in one unit while renting the other, this is your chance to own a high performing duplex in one of Venices most convenient and stable neighborhoods. Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio dealideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road. Income opportunities like this are limitedsecure it while you can!
Features
Appliances
  1. Range
  2. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Private Mailbox
  2. Rain Gutters
Garage Spaces
  1. 0.00
Heating
  1. Central
High School
  1. Venice Senior High
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Living Room/Dining Room Combo
  3. Primary Bedroom Main Floor
  4. Solid Surface Counters
Legal Description
  1. LOT 1316 VENICE GARDENS UNIT 29
Levels
  1. One
Living Area
  1. 1686.00
Middle School
  1. Venice Area Middle
Area Major
  1. 34293 - Venice
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 0436070023
Property Type
  1. Residential Income
Roof
  1. Shingle
School Elementary
  1. Garden Elementary
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
  2. Sewer
  3. Water
Township
  1. 39S
Utilities
  1. BB/HS Internet Available
  2. Electricity Connected
  3. Public
  4. Sewer Connected
  5. Water Connected
Views
  1. 56
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4660436
Water Source
  1. Public
Year Built
  1. 1973
Zoning Code
  1. RMF1