Sarasota's Premier Homes

7228 NEW YORK AVENUE

HUDSON, FL 34667

MLS#: TB8518903

$649,000

Status: Active
Listing number: TB8518903
Listing provided by: HOUSEWELL.COM REALTY OF FLORIDA LLC
Listing agent phone: None
Last update: 4 days ago
On site: 4 days ago
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SUNSET ESTATES REP - Residential

Property

Beds

8

Full Baths

4

1/2 Baths

None

Year Built

1970

Sq.Footage

2,376

Exceptional Waterfront Multi-Family Investment Opportunity. This fully renovated income-producing property consists of two separate buildings containing a total of four units, each offering 2 bedrooms and 1 bathroom, for a combined 8 bedrooms, 4 bathrooms, and 2,376 square feet of living area. Built in 1970 and currently fully occupied, the property provides immediate cash flow and strong investment potential. Recent 2025 and 2026 improvements include new asphalt shingle roofs, new windows, and new central heat and air systems throughout all units. The kitchens have been completely updated with new cabinetry, countertops, and brand-new stainless steel refrigerators, ranges, and microwaves. Additional updates include fresh interior paint and trim throughout. Water heating is provided by a combination of two tankless electric water heaters and two traditional electric water heaters. Market rents in the area average approximately $1,400 a month for each unit, demonstrating strong income potential. Owner currently pays water and trash, which should be factored into an investor's expense analysis. This turnkey investment offers immediate income with minimal deferred maintenance and presents an excellent opportunity to add a fully renovated asset to an investment portfolio.

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan

  • Total Bedrooms

    8

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Other Exterior Features

    Private Entrance

  • Parking

    Off Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.37

  • Lot Size(square feet)

    15900.0

  • Property Type

    Residential

Price

  • Sales Price

    $649,000

  • Tax Amount

    $5,992.39

  • Sq. Footage

    2, 376

  • Price/SqFt

    $273

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    15

  • Water Source

    Public

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Location

County

Pasco

Elementary School

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Listing Courtesy of Catherine Nolan , HOUSEWELL.COM REALTY OF FLORIDA LLC

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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Exceptional Waterfront Multi-Family Investment Opportunity. This fully renovated income-producing property consists of two separate buildings containing a total of four units, each offering 2 bedrooms and 1 bathroom, for a combined 8 bedrooms, 4 bathrooms, and 2,376 square feet of living area. Built in 1970 and currently fully occupied, the property provides immediate cash flow and strong investment potential. Recent 2025 and 2026 improvements include new asphalt shingle roofs, new windows, and new central heat and air systems throughout all units. The kitchens have been completely updated with new cabinetry, countertops, and brand-new stainless steel refrigerators, ranges, and microwaves. Additional updates include fresh interior paint and trim throughout. Water heating is provided by a combination of two tankless electric water heaters and two traditional electric water heaters. Market rents in the area average approximately $1,400 a month for each unit, demonstrating strong income potential. Owner currently pays water and trash, which should be factored into an investor's expense analysis. This turnkey investment offers immediate income with minimal deferred maintenance and presents an excellent opportunity to add a fully renovated asset to an investment portfolio.

7228 NEW YORK AVENUE

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