BEDS0
BATHS
SQUARE FEET2,388
MLS#TB8545739
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSECLUDED ACRES
Property Description
Excellent investment opportunity at 611 61st Ave Terrace E, Bradenton, FL! This duplex features two 1,200 sq. ft. units, each offering 3 bedrooms and 2 bathrooms. Each unit commands $2,195 per month, providing potential combined rental income of $4,390/month ($52,680 annually).The left unit is currently tenant occupied, while the right unit is vacant, giving a new owner the flexibility to place a tenant, occupy one side, or pursue other rental strategies. A similarly sized duplex with 2-bedroom/2-bath units recently sold for $425,000, providing a strong nearby point of comparison for this larger 3-bedroom configuration.Great opportunity for an investor seeking an income-producing multifamily property in Bradenton.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $4,626
Year Built: 1981
Amenities
Ninguno
None
Feature Descriptions
Annual Net Income: 14400.00
Days on Site: 3
Directions: From US-301 in Bradenton, head west on 63rd Ave E. Turn right onto 9th St E, then turn left onto 61st Ave Terrace E. Continue to 611 61st Ave Terrace E, Bradenton, FL, which will be on your right.
Exterior: Stucco
Flood Zone Code: X
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.16
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Electricity Available
Water: Public
Water Access Y/N: No
Zoning: RDD6
Listed By / Shown By
Listed By
Agency Name: FIELDS OF PROSPER LLC
Agency Contact: 727-800-5906
Shown By
Agency Title: The Myrick Team
Agency Phone:
Estimate Your Payment
Estimated Payment
$ 1,442.74 per month $934.74 Principal & Interest $385.50 Property Tax $122.50 Homeowner's InsuranceChange Payment Information
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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611 61st Avenue Terrace E | MLS# TB8545739
This multi-family property located at 611 61st Avenue Terrace E, Bradenton, FL 34203 is currently listed for sale with an asking price of $420,000. Search Bradenton real estate on www.tarenmyrick.com today.