$220,000

About This Property

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.

infoProperty Details

Property Type

Duplex

Year Built

1949

Living Area

978 sqft

Lot Size

0.16 acres

Bathrooms

0

Ownership

Fee Simple

Days on Market

9

List Date

Mar 9, 2022

Sold Date

chairInterior Features

yardExterior & Lot

Listed By

COMPASS FLORIDA, LLC

212-913-9058