About 177 West Cowles Street
~ 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.
Residential Income home for sale in ENGLEWOOD, FL at 177 West Cowles Street. This 5 bedroom Residential Income home is priced at $205/sqft
Features of 177 West Cowles Street
MLS® # | D6135527 |
---|---|
Price | $499,000 |
Sold Price | $485,000 |
Date Sold | April 26th, 2024 |
Bedrooms | 5 |
Bathrooms | 4.00 |
Square Footage | 2,432 |
Acres | 0.19 |
Year Built | 1986 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Sold |
Community Information: Englewood
Address | 177 West Cowles Street |
---|---|
Area | Englewood |
Subdivision | PALM VIEW |
City | ENGLEWOOD |
County | Sarasota |
State | FL |
Zip Code | 34223 |
Amenities of 177 West Cowles Street
Parking | Garage Door Opener |
---|---|
# of Garages | 2 |
Is Waterfront | No |
Has Pool | No |
Interior of 177 West Cowles Street
Interior Features | Ceiling Fans(s), Walk-In Closet(s) |
---|---|
Appliances | Dryer, Electric Water Heater, Range, Refrigerator, Washer |
Heating | Central, Electric, Wall Units / Window Unit |
Cooling | Central Air |
Fireplace | No |
Exterior of 177 West Cowles Street
Exterior Features | Balcony, Fence |
---|---|
Roof | Shingle |
Foundation | Slab |
School Information
Elementary | Englewood Elementary |
---|---|
Middle | L.A. Ainger Middle |
High | Lemon Bay High |
Additional Information On 177 West Cowles Street
Date Listed | March 13th, 2024 |
---|---|
Days on Market | 30 |
Zoning | RMF1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | LASBURY-TRACY REALTY INC. |
---|