Great Buy and Hold Duplex Opportunity

Manatee County, Bradenton, FL, 34208
Sold
Listed at: May 9th, 2024
Price
$265,000
Sq. Footage
1456
Type
Multifamily
Parking
Driveway
Year build
1979
Lot size
0.17 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

If you're looking for a great rental opportunity with equity built in look no longer!

This property currently generates $2800 per month in rental income. Tenants are leased annually, both leases expire in September / October.

Unit A generates $1500 per month in rent

Unit B generates $1300 per month in rent. Tenants of Unit B's lease ends in October and tentatively agreed to pay $1500 per month upon renewal.

So within a few months this property will be generating $3,000 per month without having to do any work!

The Roof was replaced in January of 2013

Unit A's AC was replaced on 5-14-22, alongside the ducts.

Unit B's AC was replaced on 8-17-19, alongside the ducts.

This property does not need any repairs. It is turnkey and ready to rent!

 

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

Christian Bosak

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Disposition manager