Concrete block on a slab with terrazzo floors; each unit needs a kitchen, bath, and half bath; copper pipes in the slab; no central air in Sarasota, Florida; newer exterior electrical panels in rough shape; the roof looks newer and isn't apparently leaking.

Asking Price: $337,900 5 beds, 3.5 baths, 3,743 sqft, built in 1953, heat pump, detached garage, new roof in 2007, sold in 2007 for $335,000.

Hey guys -I've got gas and the venting is to the roof, but the unit is near an exterior wall.

@Mark Updegraff Here is the cashflow analysis that i got form the agent.Price- 23500Potential Rental Income-7800Real Estate Taxes-1294Property Insurance-305Water-142Vacancy and credit losses-390Cash flow before tax-5669Tax liability(savings) at 36% - 2041Cash flow before tax-3628According to the agent, it has a 5+ year tenant lease and the roof is 2 months old.

This property needs little to nothing as it has vinyl siding and a newer roof only thing i will be doing is painting and cleaning the second unit to rent it.

Hell I have never even noticed this house was a 2 family till I walked in the backyard.Sales lady said it needs a roof and other work.I see it needs new exterior doors and storm doorsneeds some new windows.

The Tenant/Buyer shall be solely liable for payment for said improvements and shall hold the Landlord/Seller harmless there from, except that any structural, roofing, electric, plumbing, heating or cooling systems that is out of order at the commencement of this Lease or within_________ days thereafter, will be repaired by the Landlord/Seller at his/her expense.

4 properties would be less work than 10. 4 properties are much maintenance costs. 4 properties is less roofs to replace.

Everything has been redone in the past 5-8 years; siding, windows, roof, finished basement, added second bathroom, completely remodeled kitchen.

There was a roof leak that created water damage on the floor and ceiling (small areas).