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

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