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

$420,000
2,388
SqFt

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List Price
$420,000
MLS#
TB8545739
Status
ACTIVE
Days on Market
1
Year built
1981
Living area
2,388
Area
2388
Region
Bradenton/Braden River/Lakewood Rch
Subdivision
Secluded Acres

Property Description

Excellent investment opportunity at 611 61st Ave Terrace E, Bradenton, FL! This duplex features two 1,200 sq. ft. units, each offering 3 bedrooms and 2 bathrooms. Each unit commands $2,195 per month, providing potential combined rental income of $4,390/month ($52,680 annually). The left unit is currently tenant occupied, while the right unit is vacant, giving a new owner the flexibility to place a tenant, occupy one side, or pursue other rental strategies. A similarly sized duplex with 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 in Bradenton.

Additional Information

Acres
0.16
Interior Features
Ninguno
Cooling
Central Air
Heating
Central
Exterior Features
None
Construction
Stucco
Roof
Shingle

Listing courtesy of FIELDS OF PROSPER LLC.

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