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
Price:
$529,999
MLS #:
A4629447
Status:
Active
Beds:
6
Baths:
2
Address:
804 12TH STREET E
Type:
Multi Family
Subtype:
Duplex
Subdivision:
GRAHAM
Neighborhood:
34208 – Bradenton/Braden River
City:
BRADENTON
Listed Date:
Nov 16, 2024
State:
FL
Finished Sq Ft:
1,944
ZIP:
34208
Lot Size:
8,425 sqft / 0.19 acres (approx)
Year Built:
1981
Units:
2
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Interior
Cooling
Central Air
Heating
Central
Laundry Features
Laundry Room
Exterior
Construction Materials
Block
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2023
Taxes
$3,848
Map
Community
- Address804 12TH STREET E BRADENTON FL
- SubdivisionGRAHAM
- CityBRADENTON
- CountyManatee
- Zip Code34208
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Courtesy of FLOTACAL. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
804 12TH STREET E
BRADENTON, FL
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