150 W FRAY ST Active Save Request In-Person Tour Request Virtual Tour
Englewood,FL 34223
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $261
Subdivision Longs Sub Of Lt 91 Englewood
MLS Listing ID N6140964
Year Built 1958
Annual Tax Amount $2,902
Lot Size 10,454 Sqft
Property Sub-Type Duplex
Property Description
Don't miss this outstanding opportunity to own an income-producing duplex in a sought-after, non-HOA location just minutes from Englewood's beautiful Gulf beaches and the revitalized Dearborn Street.
150 W Fray St is a classic Florida multi-family property perfect for investors, snowbirds seeking rental income, or an owner who wishes to occupy one side and rent the other.
Property Highlights:
Duplex (Multi-Family Zoned): Provides immediate income potential from two separate units. The property offers a total of 900 sq ft of living space (1-bedroom/1-bath on each side).
Excellent Location: Situated in a desirable Englewood area, offering quick access to:
Old Englewood Village: Enjoy the popular dining, shopping, and entertainment on Dearborn Street.
Gulf Beaches: A short drive to Manasota Key and Englewood Beach.
Conveniences: Close proximity to Englewood Hospital, shopping centers, and local amenities.
Large Lot: Situated on a substantial 10,757 sq ft lot, providing ample parking, privacy, and room for potential expansion or a spacious backyard common area.
Solid Construction: Built in 1958, these block structures are a staple of Old Florida construction.
Investment Potential:
This property has historically been an excellent rental producer, making it a straightforward addition to any investment portfolio. With two separate electric meters, tenants are responsible for their own electricity, simplifying landlord expenses (water is typically a shared expense). The low-maintenance flooring and durable construction make this an ideal long-term investment.
Capitalize on the soaring demand for rentals in Southwest Florida. Whether you're seeking immediate income or looking for a home with supplemental income, this is a versatile property in a high-demand area.
Location
State FL
County Sarasota
Community Longs Sub Of Lt 91 Englewood
Area 34223 - Englewood
Zoning RMF2
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Lighting,Private Mailbox,Rain Gutters
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/N6140964