Active
804 12TH ST E
BRADENTON FL, 34208
$529,999
$272.63 per sqft
Active
6 Beds
2 Baths
1,944 sqft
Multi-family
Built in 1981
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.
A4629447
MLSⓇ ID
November 16, 2024
Listed
November 17, 2024
Updated
Map
804 12TH ST E
BRADENTON FL, 34208
Interior Features
Bedrooms
6
Total Bathrooms
2
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo
Laundry Description
Laundry Room
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
Other
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
34208 - Bradenton/Braden River
Taxes
$3,848
Tax Frequency
Annually
Days on Market
1
Association Fee Frequency
Monthly
Garage
No
View
No
County
Manatee
Municipality
34S
Water Source
Public
Pool
No
Zoning
C1A
Listed by FLOTACAL
Listing Contact: 941-888-0043
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Data last updated 11/17/2024, 12:21 PM UTC