$220,000
$259,000
15.1%For more information regarding the value of a property, please contact us for a free consultation.
978 SqFt
SOLD DATE : 04/20/2022
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 978 sqft
Price per Sqft $224
Subdivision Acreage & Unrec
MLS Listing ID A4527285
Sold Date 04/20/22
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1949
Annual Tax Amount $1,663
Lot Size 6,969 Sqft
Acres 0.16
Property Description
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.
Location
State FL
County Manatee
Community Acreage & Unrec
Zoning RSF6
Direction E
Interior
Interior Features Eat-in Kitchen
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Electric Water Heater
Exterior
Exterior Feature Fence
Utilities Available Cable Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Financing,Inspections
Schools
Elementary Schools Oneco Elementary
Middle Schools W.D. Sugg Middle
High Schools Bayshore High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CHARLES RUTENBERG REALTY INC