Description
Presenting an investment opportunity in Bradenton, one of the most beautiful cities on the west coast of Florida. Situated near the Sarasota/Bradenton International Airport, arts and culture, the beaches, and highly rated schools, this bungalow-style duplex offers two separate units that provide a variety of living situations. Live in one residence, rent out the other; live in both with privacy afforded for multi-generational family living; or rent both units to maximize the income potential. Maintenance is made easier with a new roof and new A/C. Tile floors flow seamlessly from room to room. A screened in-lanai complements both units – perfect for enjoying the Florida lifestyle and extending the indoor living space. A generously sized backyard is great for playtime, outdoor barbecues, or simply meditating under a shade tree. This duplex already comes with two tenants. $1000 (1BR unit) and $1250 (2BR unit) (water provided by landlord). Cap rate is around 7% and could be better. Already positioned for an effortless transition, a property management company is in place. The duplex is centrally poised to enjoy the attractions of Bradenton and Sarasota including outdoor recreation, sports, culture, shopping, dining, and world-class Gulf Coast beaches.
Property Highlights
- Property Type: Multi Family, Duplex
- MLS #: A4527285
Area |
34203 - Bradenton/Braden River/Lakewood Rch |
Elementary School |
Oneco Elementary |
High School |
Bayshore High |
Middle School |
W.D. Sugg Middle |
Number of Units Total |
2 |
Property Subtype |
Residential Income |
Property Type |
Duplex |
Subdivision |
Acreage & Unrec |
Taxes |
$1,663 |
Utilities |
Cable Available |
Appliances |
Electric Water Heater |
Basement |
Crawl Space |
Cooling |
Central Air |
Heating |
Central |
Interior Features |
Eat-in Kitchen |
Interior Square Footage |
978 |
Lot Size Acres |
0.16 |
Lot Size Square Feet |
6,752 |
Roof |
Shingle |
Sewer |
Public Sewer |
Water Source |
Public |