Bradenton, FL 34208,804 12TH ST E

$477,000

$519,999

8.3%
Est.Price: ?

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Est. payment /mo

6 Beds

2 Baths

1,944 SqFt


SOLD DATE : 02/07/2025

Key Details

Sold Price $477,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,944 sqft

Price per Sqft $245

Subdivision Graham

MLS Listing ID A4629447

Sold Date 02/07/25

Bedrooms 6

HOA Y/N No

Originating Board Stellar MLS

Year Built 1981

Annual Tax Amount $3,847

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 72x117

Property Sub-Type Duplex

Property Description

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.

Location

State FL

County Manatee

Community Graham

Zoning C1A

Direction E

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo

Heating Central

Cooling Central Air

Fireplace false

Laundry Laundry Room

Exterior

Exterior Feature Other

Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Block, Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by FLOTACAL
Bought with FLOTACAL
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