$500,000
$535,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,472 SqFt
SOLD DATE : 09/25/2023
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,472 sqft
Price per Sqft $202
Subdivision Sharp & Turners Add To Bradenton
MLS Listing ID A4580127
Sold Date 09/25/23
Bedrooms 4
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1964
Annual Tax Amount $5,371
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x118
Property Description
Lucrative 4-Plex Investment in Central Bradenton! Explore this impressive 4-plex gem ideally positioned near downtown Bradenton and just minutes from Anna Maria Island's stunning beaches. Well maintained, the building comprises four units with a strong rental history and consistently high occupancy rates, ensuring a steady income stream for savvy investors. Tenant convenience is prioritized with ample parking, a fenced backyard, and easy access to retail and dining options. Recent upgrades include fresh exterior paint, modern Ring camera lights, and two new AC units in 2023. Additional enhancements like upgraded kitchen cabinets in Apartment 2 (2022), a re-concreted walkway (2020), and a bathroom remodel in Apartment 2 (2019) add value. The property's infrastructure is solid, with a repaved parking lot (2018), electrical panel upgrade, impact window replacements, and partial re-roofing (all in 2017). All tenants are current on rent, and two have stayed for over 5 years, reflecting the property's desirability. Tenants handle electric, while the owner covers gas, water, sewer, trash, lawn maintenance, and pest control. Don't miss out on this rare investment opportunity—enrich your portfolio today!
Location
State FL
County Manatee
Community Sharp & Turners Add To Bradenton
Zoning R2B
Direction W
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Window Treatments
Heating Electric, Natural Gas, Space Heater, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater, Gas Water Heater, Range, Refrigerator
Laundry None
Exterior
Exterior Feature Courtyard, Fence
Parking Features Ground Level, Off Street, Parking Pad
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Shingle
Porch Covered, Side Porch
Garage false
Private Pool No
Building
Lot Description City Limits, Level, Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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