Homes for sale - 804 12TH ST E, Bradenton, FL 34208

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Erica Montanez

erica.montanez@lptrealty.com +1(347) 446-1443

$529,999

Est. payment - /mo

6 Beds

2 Baths

1,944 SqFt

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UPDATED:

11/16/2024 03:49 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,944 sqft

Price per Sqft $272

Subdivision Graham

MLS Listing ID A4629095

Bedrooms 6

Full Baths 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1981

Annual Tax Amount $3,847

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 72x117

Property Description

This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs. Major updates include a new roof, new luxury vinyl flooring throughout both units, and updated kitchens and bathrooms with modern finishes. The new AC units and new hot water heater provide additional peace of mind, ensuring that critical systems are up-to-date and functioning efficiently. These updates allow the new owner to benefit from lower maintenance costs and minimal immediate repairs, while also enhancing the property's overall appeal to tenants. Tenants are responsible for all utilities, including electricity, water, and gas, reducing the owner's monthly expenses and further enhancing the property's cash flow potential. With both units currently occupied by reliable tenants, the property is generating consistent rental income, making it a great investment for anyone looking to add a cash-flowing property to their portfolio. The duplex is ideally located near shopping centers, schools, parks, dining options, and major transportation routes, making it attractive to tenants and ensuring long-term rental demand. This is a ready-to-go investment with minimal maintenance required and strong rental income potential. Contact us today to schedule a viewing or to learn more about how this property can start earning for you right away.

Location

State FL

County Manatee

Community Graham

Zoning C1A

Direction E

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace false

Appliance Electric Water Heater, Microwave, Range

Laundry Laundry Room

Exterior

Exterior Feature Other

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Schools

Elementary Schools Manatee Elementary School-Mn

High Schools Manatee High

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Listed by FLOTACAL

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Erica Montanez

+1(347) 446-1443

Real Estate Expert | License ID: SL3366030

Real Estate Expert License ID: SL3366030

804 12TH ST E Bradenton, FL 34208

Erica Montanez

Erica Montanez

Key Details

Location

Interior

Exterior

Building

Schools

Others

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804 12TH ST E