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Listed price in listed location currency (USD).
$335,000

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MLS® D6146602

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1878 sqft
Garage No
Taxes $4,697
Days Active 0
Lot Size 0.17 acres
Approx. Age 1973
Avg. Price Per Sqft $178
MLS® Number D6146602

Property Address: 5715/5711 Gallatin Lane, NORTH PORT, FL, 34287

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey income-producing duplex generating $3, 400/month ($40, 800 annually) representing approximately a 12% gross yield at the asking price with strong existing tenants already in place. Excellent opportunity for investors seeking immediate cash flow and minimal vacancy risk. Both units are currently leased with one secured through February 2027 and the second through April 2026 providing stable and predictable rental income from day one. Major capital improvements have already been completed including a new roof installed in 2023, both HVAC systems replaced in 2020, one water heater replaced in 2020, and a complete renovation of one unit in 2023 helping reduce near-term maintenance expenses. Each unit features a private entrance and separate rear lanai offering added outdoor space and privacy for tenants. The property also includes separate electric and water meters along with city water and sewer, simplifying management and utility billing for landlords. Conveniently located near Tamiami Trail, the property provides tenants with easy access to shopping, dining, everyday conveniences, and major commuter routes supporting consistent rental demand. With stable leases, recent system upgrades, separate utilities, and immediate income, this duplex represents a low-maintenance, income-producing investment and a strong addition to your rental portfolio. Interior photos reflect the property prior to current tenant occupancy and are representative of the unit layouts and finishes.
MLS® NumberD6146602
Laundry LevelLaundry Room
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1973
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 14, 2026List Date
$335,000List Price
  • Commute

Commute

Starting Address
Destination Address
5715/5711 Gallatin Lane, NORTH PORT, FL

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