611 61st Avenue Terrace E, Bradenton, FL 34203

$399,999
2,388
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$399,999
Status
Active
Days on Market
8
Price Change
▼ $10,000 1789596394
MLS#
TB8545739
Property Style
Duplex
Year Built
1981
Living Area
2,388
Lot Size
7,144
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Secluded Acres
MLS Area Major
Bradenton/Braden River/Lakewood Rch

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 (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!

Additional Information

Taxes
$4626
Community Features
No Deed Restriction
Zoning
RDD6
Interior Layout
Ninguno
Interior Features
Ninguno
Utilities
Electricity Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
None
Roof
Shingle
Foundation
Block
Pool
No Pool
Flood Zone Code
X
Parcel ID
6569400606
Legal Description
LOT 11 SECLUDED ACRES SUB PI#65694.0060/6

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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on