611 61st Avenue Terrace E, East Bradenton, FL 34203

$399,999
2,388
SqFt
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List Price
$399,999
Price Change
▼ $10,000 1789596394
MLS#
TB8545739
Type
Multifamily
Living Area
2,388
Lot Size
7,144
Subdivision
Secluded Acres
Year Built
1981
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(386) 960-0076

Property Description

MOTIVATED SELLER — WILLING TO NEGOTIATE! Property is being sold AS IS. Excellent investment opportunity at 611 61st Ave Terrace E in Bradenton! This duplex features two spacious approximately 1,200 sq. ft. units, each offering 3 bedrooms and 2 bathrooms. The left unit is currently tenant occupied (DO NOT DISTURB TENANTS) at $2,195 per month, while the right unit is vacant, giving a new owner the flexibility to place a tenant, occupy one side, or pursue another rental strategy. At $2,195 per unit, the property offers potential combined rental income of $4,390 per month ($52,680 annually) when fully occupied. A similarly sized nearby duplex featuring 2-bedroom/2-bath units recently sold for $425,000, providing a strong nearby point of comparison for this larger 3-bedroom configuration. Great opportunity for an investor seeking an income-producing multifamily property with value-add potential in Bradenton. Seller encourages offers!

(386) 960-0076
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Additional Information

Community Features
No Deed Restriction
Style
Duplex
Interior
Ninguno
Interior Features
Ninguno
Exterior Construction
Stucco
Exterior
None
Roof
Shingle
Utilities
Electricity Available
Heating
Central
Cooling
Central Air
Pool Type
No Pool
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Listing courtesy of FIELDS OF PROSPER LLC.

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