804 12TH ST E Active Save Request In-Person Tour Request Virtual Tour
Bradenton,FL 34208
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,944 sqft
Price per Sqft $267
Subdivision Graham
MLS Listing ID A4629447
Bedrooms 6
Year Built 1981
Annual Tax Amount $3,847
Lot Size 8,276 Sqft
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
Interior
Heating Central
Cooling Central Air
Laundry Laundry Room
Exterior
Exterior Feature Other
Utilities Available Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected
Roof Type Shingle
Building
Foundation Block,Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Special Listing Condition None