Photo 1 of 1
$562,500
Sold on 12/01/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
1 |
0.00 |
1,968 |
$2,012 |
1949 |
On the market:
102 days
|
View full details, 15 photos, school info, and price history
Income producing 5-PLEX...8.25% cap AS IT SITS, with significant upside. With a small rent bump you're in the 9 range, but also with the extreme upside of being in the downtown Bradenton corridor and prime for gentrification. It happening in all directions, not hard to find proof. A further bonus, it's in the Opportunity Zone for massive tax benefits longer term. All units are rented to happy tenants who wish to stay, This property is stable, and property management is avail for a reasonable rate if so desired. Tenants pay all utilities and are current with no delinquencies on file. Buy it, tuck it away for long term gains, and clip a coupon over 8% along the way. Easy as it gets.
Listing courtesy of Jason Skowronski, COMPASS FLORIDA LLC