Prime 6 unit multifamily community just minutes from Downtown Bradenton, featuring a desirable mix of 1 , 2 , and 3 bedroom floorplans and offering a 6.5% takeover cap rate with adjusted taxes and full expenses. Recent capital improvements include new roofs in 2018 and updated water heaters and AC systems in 2023. Additional income potential from onsite laundry and storage units. Located just 0.9 miles from the heart of Downtown Bradenton and surrounded by top attractions like LECOM Park, Pier 22, and The Bradenton Riverwalk. The property benefits from proximity to major retailers including Starbucks, Publix, Walmart, and Costco, and is 23 minutes from SarasotaBradenton International Airport. Situated in one of the nations fastest growing metro areas with projected 10 year job growth of 44.6%, this investment offers both immediate cash flow and long term upside. Listing includes Parcels 4374800059 and 4374800109
Prime 6 unit multifamily community just minutes from Downtown Bradenton, featuring a desirable mix of 1 , 2 , and 3 bedroom floorplans and offering a 6.5% takeover cap rate with adjusted taxes and full expenses. Recent capital improvements include new roofs in 2018 and updated water heaters and AC systems in 2023. Additional income potential from onsite laundry and storage units. Located just 0.9 miles from the heart of Downtown Bradenton and surrounded by top attractions like LECOM Park, Pier 22, and The Bradenton Riverwalk. The property benefits from proximity to major retailers including Starbucks, Publix, Walmart, and Costco, and is 23 minutes from SarasotaBradenton International Airport. Situated in one of the nations fastest growing metro areas with projected 10 year job growth of 44.6%, this investment offers both immediate cash flow and long term upside. Listing includes Parcels 4374800059 and 4374800109
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Fence, Sidewalk
Flooring: Tile, Wood
Living Area: 6017.00
Roof: Shingle
School Information
High School: Manatee High
Middle School: Martha B. King Middle
School Elementary: Ballard Elementary
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Off Street
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Wall/Window Unit(s)
Heating: Space Heater
Pets Allowed: Yes
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Rental Information
Tenant Pays: Electricity
Other Features
Country: US
Interior Features: Crown Molding, Thermostat
Legal Description: THE W 100 (100.25 PLATTED) FT OF LOT 2 J A BETTS SUB(O.R. 1794/2898) PI#43748.0005/9
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