$480,000
$475,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,953 SqFt
SOLD DATE : 12/29/2023
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,953 sqft
Price per Sqft $245
Subdivision Bach
MLS Listing ID A4586046
Sold Date 12/29/23
Bedrooms 5
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1954
Annual Tax Amount $4,748
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 90x145
Property Description
Cash Flowing TRIPLEX!!! Seller is willing to put on a new roof prior to closing with a full price offer or better! Buyer's financing fell through. Their loss your gain! Income producing multifamily properties with these numbers do not hit the market often. Located in a very desirable area of West Bradenton that demands high rental numbers, all 3 units of this property (2 2bed/1bath units and 1 1bed/1bath unit) have a proven track record of success and are all rent ready. The property consists of two separate structures providing a little privacy for occupants. One of which is a traditional duplex and the other being a separate 1/1 cottage in the rear. There is massive amounts of parking for all tenants and the parcel is .299 of an acre which is mostly comprised of a very large shared backyard currently. It could very easily be divided into 3 private yards for tenants. All units have Luxury Vinyl Plank Flooring, fresh paint, and are semi updated. Numbers are as follows: 2915- $1300 month to month lease, 2919- $1750 annual lease expiring 4-29-24, and 2917- market rent is $1750 and is currently vacant for possibility of owner occupant. This truly is an amazing opportunity for a house hacker or investor looking for hard to find returns in this market. PLEASE DO NOT DISTURB TENANTS! The vacant unit is easy to see but the occupied units will be shown through scheduled group showings.
Location
State FL
County Manatee
Community Bach
Zoning RDD4.5
Direction W
Interior
Interior Features Kitchen/Family Room Combo, Thermostat
Heating Heat Pump
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Awning(s), Fence, Storage
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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