611 61st Avenue Terrace E, East Bradenton, FL 34203
- $399,999
- 2,388
- SqFt
- List Price
- $399,999
- Status
- ACTIVE
- MLS#
- TB8545739
- Price Change
- ▼ $10,000 1789596394
- Living Area
- 2,388
- Subdivision
- Secluded Acres
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!
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Additional Information
- Year Built
- 1981
- Construction
- Stucco
- Living Area
- 2,388
- Acres
- 0.16
- Interior Features
- Ninguno
- Cooling
- Central Air
- Heating
- Central
- Exterior Features
- None
- Sewer
- Public Sewer
Listing courtesy of FIELDS OF PROSPER LLC.
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