(Bradenton, FL) 2 Bed 1 Bath SFH 🏑 with ADU! FLIP or RENTAL for 3K/month πŸ“ˆπŸ˜±

Manatee County, Bradenton, FL, 34205
Sold
Listed at: February 22nd, 2024
Price
$199,999
ARV
$399,999
Gross Margin
$200,000
Sq. Footage
1218
Type
Single-Family
Parking
Garage
Year build
1952
Lot size
0.23 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Attention Investors and First-Time Home Buyers! πŸš€ Unlock the potential of this versatile property offering both opportunity and value! Nestled on a sizeable lot zoned R3A R1, this gem presents a myriad of possibilities for savvy investors and homeowners alike. πŸ’Ž

Call or Text Bill Today at 470-421-9718!

Features include:

  • A cozy 2-bedroom/1-bathroom home ripe for renovation or customization. πŸ› οΈ
  • An existing Accessory Dwelling Unit with electricity already connected, ready for conversion into a second living space with minimal effort. πŸ πŸ’‘
  • Room for expansion with ample space on the oversized lot to potentially construct a third unit, maximizing rental income potential. πŸ“ˆπŸ’°
  1. 503 3rd Ave E, Bradenton, FL 34208

    • Sold: 08/01/2023
    • Sold Price: $500,000
    • 3 beds, 2 baths
    • Size: 1,331 sqft
  2. 1619 17th St W, Bradenton, FL 34205

    • Sold: 05/12/2023
    • Sold Price: $455,000
    • 3 beds, 2 baths
    • Size: 1,310 sqft
  3. 1208 12th St W, Bradenton, FL 34205

    • Sold: Not specified
    • Sold Price: $428,000
    • 4 beds, 2 baths
    • Size: 1,172 sqft
    • Lot Size: 5,197 sqft

Options abound:

  1. Harness the existing structures and convert the Accessory Dwelling Unit into a lucrative rental property. πŸ’Ό
  2. Transform the charming 2-bedroom home into your personal oasis while generating rental income from the additional unit. πŸ‘πŸ’Έ
  3. Explore development opportunities by building a third unit on the property, capitalizing on the burgeoning demand for multi-unit housing. πŸ—οΈπŸŒ†

Additional highlights:

  • Updated electrical infrastructure ensures modern convenience and safety. ⚑
  • Enjoy comfort in every room with ceiling fans installed throughout. πŸŒ€
  • Relax and unwind in the enclosed patios located at both the front and rear of the property. 🌿🌞

Potential Monthly Rental Income:

  • With both the ADU and the main house, rental income could reach up to $3,000 monthly, offering a lucrative investment opportunity. πŸ’°πŸ’Ό

Estimated ARV:

  • With the ADU, the property's After Repair Value (ARV) could soar to $399,000, maximizing your investment return. πŸ“ˆπŸ’°

Prime Location:

  • Conveniently situated near downtown Bradenton, the scenic Riverwalk, and pristine beaches, offering residents endless leisure and entertainment options. πŸ–οΈπŸ›οΈ
  • Close proximity to essential amenities including hospitals and the convention center enhances the property's appeal for both tenants and homeowners. πŸ₯🏒

Seize the opportunity to invest in this dynamic property and become a part of the thriving Bradenton community. Don't delay - schedule your appointment today to discover the endless potential awaiting you! πŸŒŸπŸ”‘

Call or Text Bill Today at 470-421-9718!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Bill Mcdonald

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