BEDS4
BATHS
SQUARE FEET1,944
MLS#A4690441
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPALMETTO COUNTRY CLUB ESTATES FIRST
Property Description
Investor opportunity in the heart of Palmetto! This recently updated duplex offers two separate units, ideal for generating rental income AS BOTH UNITS HAVE 1 YEAR LEASES IN PLACE.Both units feature two bedrooms and two baths with a spacious layout, comfortable living spaces, and ample natural light. Each includes a dedicated laundry/storage room and separately metered utilities. Situated on a generous lot, the property offers two private, fully fenced yards, along with plenty of outdoor space and parking.Conveniently located just minutes from US-41, I-275, and I-75, providing easy access to Bradenton, Sarasota, St. Petersburg, and Tampa. Not located in a flood zone. This duplex delivers value, location, and opportunity for those looking to secure a consistently income-producing property.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.22 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,529
Year Built: 1981
Amenities
Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Solid Wood Cabinets
Thermostat
Fence
Feature Descriptions
Annual Net Income: 35500.00
Days on Site: 35
Directions: FROM TAMIAMI TRAIL, RIGHT ON SHAMROCK, LEFT ON GENTIAN, RIGHT ON DRAGON, HOME ON RIGHT
Exterior: Block
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twenty Four Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.22
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Patio, Screened
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, Lock Box Electronic, See Remarks
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: RSF6
Local Schools
High School: Palmetto High
Middle School: Lincoln Middle
Elementary School: Palm View Elementary
Listed By / Shown By
Listed By
Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283
Shown By
Agency Title: The Myrick Team
Agency Phone: 704-699-9899
Estimate Your Payment
Estimated Payment
$ 1,344.03 per month $854.62 Principal & Interest $377.42 Property Tax $112.00 Homeowner's InsuranceChange Payment Information
Disclaimer:
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416 40th Street E | MLS# A4690441
This multi-family property located at 416 40th Street E, Palmetto, FL 34221 is currently listed for sale with an asking price of $384,000. Search Palmetto real estate on www.tarenmyrick.com today.