Photo 1 of 1
$220,000
Sold on 4/20/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
978 |
$1,663 |
1949 |
On the market:
41 days
|
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Aaron Lineberger, COMPASS FLORIDA, LLC