2041 Martin Luther King Jr. Way is amulti-family property for lease in Sarasota, FL.
DO NOT DISTURB TENANTS...This 8-plex consists of 2 buildings. Each building has four units -- Two (2), 2 bedroom 1 bath, and two (2), 1 bedroom , 1 bath units. In the last 3 years all 8 units have been updated at a cost of $12000 each. The updates include new HVAC, porcelain tile floors throughout new bathroom fixtures, cabinets, paint, and much more. In addition both buildings have new roofs, new water and sewer lines. The building has been recently painted, and landscaped. All units have separate water, and electric meters. Landlord does not have any utility costs to the individual units. This property has a rental potential of $4600 a month. 2014--Gross Rents through September 30 is $38105. The 2013- Gross Rents was $37773. In 2012 the gross Rent was $37344. Not all units were rented in 2012- 2013 due to updating.
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