$399,999

About This Property

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!

infoProperty Details

Property Type

Duplex

Year Built

1981

Living Area

2,388 sqft

Lot Size

0.16 acres

Bedrooms

0

Bathrooms

0

Ownership

Fee Simple

Days on Market

7

List Date

chairInterior Features

yardExterior & Lot

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Listed By

FIELDS OF PROSPER LLC

813-424-0643