Residential Property - Single Family Residence in Bradenton
Listing Price: $529,999 (Mortgage Calculator →)
Description of Property
This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs. Major updates include a new roof, new luxury vinyl flooring throughout both units, and updated kitchens and bathrooms with modern finishes. The new AC units and new hot water heater provide additional peace of mind, ensuring that critical systems are up-to-date and functioning efficiently. These updates allow the new owner to benefit from lower maintenance costs and minimal immediate repairs, while also enhancing the property's overall appeal to tenants. Tenants are responsible for all utilities, including electricity, water, and gas, reducing the owner's monthly expenses and further enhancing the property's cash flow potential. With both units currently occupied by reliable tenants, the property is generating consistent rental income, making it a great investment for anyone looking to add a cash-flowing property to their portfolio. The duplex is ideally located near shopping centers, schools, parks, dining options, and major transportation routes, making it attractive to tenants and ensuring long-term rental demand. This is a ready-to-go investment with minimal maintenance required and strong rental income potential. Contact us today to schedule a viewing or to learn more about how this property can start earning for you right away.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Bradenton
County: Manatee
Subdivision: Graham
Bedrooms: 6
Bathrooms: 2
Sq. Ft. Gross: 1,944
Sq. Ft. Living Area: 1,944
Cost per (heated) sqare foot: $273
Year built: 1981
Annual Tax: $3,848
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances:
- Electric Water Heater
- Microwave
- Range
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Vinyl
Schools
Elementary School: Manatee Elementary School-MN
High School: Manatee High
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Concrete
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Parking Features:
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- Electricity Connected
- Sewer Connected
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.19
Lot Size (sq. ft.): 8,425 square feet
Lot Dimensions: 72 x 117
Front Exposure: East
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Parcel Number: 3228400002
Zoning: C1A
Tax Legal Desc.: LOT 2 & N1/2 OF LOT 3 & ADJOINING E1/2 OF VAC ALLEY BLK C GRAHAM SUB PI#32284.0000/2
Section: 25
Range: 17E
Listing courtesy of FLOTACAL. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.