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

$409,999
2,388
SqFt

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List Price
$409,999
Price Change
▼ $3,001 1789493897
MLS#
TB8545739
Sq. Ft
2,388
Lot Size
7,144
Subtype
Duplex
County
Manatee
Community
No Deed Restriction
Subdivision
Secluded Acres
Region
Bradenton/Braden River/Lakewood Rch
Year Built
1981

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 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!

Additional Information

Heating
Central
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Exterior Features
None
Construction
Stucco
Living Area
2,388

Listing courtesy of FIELDS OF PROSPER LLC. Contact: 727-800-5906

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