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Wade M. Berlin

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1706 4th Avenue E
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PRICED AT ONLY: $499,000

Address: 1706 4th Avenue E, BRADENTON, FL 34208

Description

High Yield Bradenton Triplex | Turn Key Income + Equity Potential. Welcome to 1706 4th Ave, a rare investment gem in one of Bradentons premier residential pockets. This 3,385 sq ft triplex blends timeless charm with essential modern upgrades, including a new roof (Oct 2024), all set on a generous 0.40 acre lot outside of flood zones and built with durable masonry construction and a stucco exterior, not wood frame. The main residence spans 1,955 sq ft with a 2 bedroom, 1 bath layout, featuring new flooring, fresh paint, ceiling fans, a cozy wood burning fireplace, and an attached 2 car garage. To the rear, a separate two story detached duplex offers two 1 bedroom units (one ground level, one upper level), currently leased and generating $48,540 in annual income. Investors will appreciate the solid concrete block construction, low maintenance stucco exterior, fenced backyard, and significant upside potential with below market rents. With an estimated 67% cap rate, this is a true turn key opportunity with built in equity and long term durability. Whether you're expanding your portfolio or seeking stable cash flow in a high demand rental area, this property delivers.
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  • MLS#: TB8470181 ( Residential Income )
  • Street Address: 1706 4th Avenue E
  • Viewed: 1
  • Price: $499,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 3
  • Garage / Parking Spaces: 2
  • Days On Market: 60
  • Additional Information
  • Geolocation: 27.4967 / -82.5444
  • County: MANATEE
  • City: BRADENTON
  • Zipcode: 34208
  • Provided by: EXP REALTY LLC
  • Contact: Mathew Sumlin
  • 888-883-8509
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Awning(s), Fence, Private Mailbox
  • Flooring: Luxury Vinyl
  • Living Area: 3385.00
  • Other Structures: Shed(s)
  • Roof: Built-Up
Land Information
  • Lot Features: Corner Lot, Oversized Lot
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, 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
Other Features
  • Appliances: Cooktop, Dryer, Refrigerator, Washer
  • Country: US
  • Interior Features: Ceiling Fans(s), High Ceilings, Open Floorplan
  • Legal Description: BEG AT NW COR OF LOT 5 N S JONES SUB PB 1 P 160, THENCE RUN S ALONG E SIDE OF GRIFFIN ST- NOW 17TH ST- AS SHOWN THEREON TO A POINT 50 FT 8 IN N OF S LINE OF SAID LOT 5 FOR A POB, THENCE E & PARALLEL WITH S LINE OF SAID LOT 5 & OF LOT 4 THEREOF, A DIS T OF 110 FT TO A POINT 50 FT 8 IN N OF S LINE OF LOT 4 OF SAID SUB, THENCE N TO NE COR OF PROPERTY DESC IN DB
  • Area Major: 34208 - Bradenton/Braden River
  • Occupant Type: Tenant
  • Parcel Number: 1248800003
  • View: Garden
  • Zoning Code: C2

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin