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1218 RIDING ROCKS LANE

Multi-family Recently Sold
$1,053,500

BTC: 11.83091594

ETH: 338.75796250

Sold on: 2022-06-24
7 days
Waterfront
2 bds
4,480 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

***Multiple Offers In Place, Seller is not taking any more offers or showings at this time decision will be made today, Thank you!*** Looking for an income producing property that actually produces income and has plenty of future value adds? This incredibly well built and rarely available quadraplex is home to (4) Two Bedroom, Two Bath units complete with front porches and rear lanais with great water views. This property is located in the highly desirable section of Punta Gorda Isles, on an OVERSIZED WATER FRONT lot, and sits on a cul de sac road. With only one bridge out to open water, these units will be highly desirable to casual boater and avid fishermen alike. The property boasts a concrete tile roof that was replaced in 2005, so no worries about having to replace it in the near future. AC's were recently replaced as well and the property itself is in overall great condition! Ask about the recent condo conversion that will allow for these units to be sold separately in the future! This property will make a fantastic addition to any prospective investor's portfolio, so don't delay and setup your showing today.

Location

Facts and features

Type:
Residential Income
Parking:
Assigned
Year Built:
1980
Lot:
0.27 Acres
Heating:
Electric
Price/sqft:
$246
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Water Heater

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Parking

    • Assigned

    Property

    • Levels: Two

    • Exterior Features: Balcony

    Lot

    • Lot: 0.27 Acres

    Other Property Information

    • Parcel Number: 412212876000

    • Zoning: GM-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $9,311

  • Source details

    • MLS ID: D6124381

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Cul-De-Sac / City Lot / Level

    • Patio And Porch Features: Enclosed / Porch / Screened

    • Waterfront: Yes

    • Water Body Name: Periwinkle Bayou

    • Living Area: 4480

    • Water Source: Public

    • Lot Size Dimensions: 107 x 120 x 90

    • Subdivision Name: PUNTA GORDA ISLES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX PALM REALTY