611 61ST AVENUE TER E, BRADENTON, FL, 34203
$420,000
Residential Income
|
Living Area
2,388 Sqft
|
Lot Size
7,144 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8545739 | Year Built: | 1981 | |
| Construction Materials: | Stucco | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Manatee | |
| Exterior Features: | None | Foundation Details: | Block | |
| Heating: | Central | Laundry Features: | Inside | |
| Listing Agreement: | Exclusive Agency | Other Equipment: | None | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Concrete | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Electricity Available | |
| Water Source: | Public | |||
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