407 62Nd Street West Bradenton, FL 34209

$1,799,000
12
Beds
12
Baths
0.49
Acres
6,600
SQFT
273
$/SQFT
$1,799,000
12
Beds
12
Baths
6,600   sf
$273 / sf
Favorite

new 6 hrs ago
1/24
Street View

PLEASE DO NOT DISTURB THE TENANTS, CONTACT DENISE GOBIN AT 954.553.1089 FOR INFORMATION!Highly profitable and extremely well-maintained multi-family income property located right off Manatee Ave West! The property is located in a very desirable area within walking distance of shops, restaurants, bus lines, and close to the Gulf Beaches. This (2) building, (6) unit apartment complex with a courtyard and private parking lot is an amazing opportunity for any investor ready to make a long-term profit instantly! Each unit is an 1100 Sq Ft, 2BR/2BA apartment with a screened in lanai and separate washer/dryer hook-up. All units are occupied and conterminously leased with several tenants who have been leasing for 10+ years. Significant improvements have been made over the last few years, the property has had both roofs replaced, a new fence, and almost all units have been renovated with new paint, new carpet, tile, fixtures, etc. In maintaining the property, we have provided all preventative maintenance, maintenance as needed, and ongoing improvements. This is a great property in an outstanding location with tenants that are long-term and reliable. The extreme rental supply shortage, coupled with the desirability of this property, is a fantastic opportunity! Block construction/shingle roofs. Individual metered for water and electricity. No Cast Iron Pipes. This positive cash flow investment, from day one of ownership, will sell quickly. As a "must-see" income property that rarely comes along! Sold "as is" with the right to inspect.One block off Manatee Ave. west, near shopping/medical/bus routes.

PLEASE DO NOT DISTURB THE TENANTS, CONTACT DENISE GOBIN AT 954.553.1089 FOR INFORMATION!Highly profitable and extremely well-maintained multi-family income property located right off Manatee Ave West! The property is located in a very desirable area within walking distance of shops, restaurants, bus lines, and close to the Gulf Beaches. This (2) building, (6) unit apartment complex with a courtyard and private parking lot is an amazing opportunity for any investor ready to make a long-term profit instantly! Each unit is an 1100 Sq Ft, 2BR/2BA apartment with a screened in lanai and separate washer/dryer hook-up. All units are occupied and conterminously leased with several tenants who have been leasing for 10+ years. Significant improvements have been made over the last few years, the property has had both roofs replaced, a new fence, and almost all units have been renovated with new paint, new carpet, tile, fixtures, etc. In maintaining the property, we have provided all preventative maintenance, maintenance as needed, and ongoing improvements. This is a great property in an outstanding location with tenants that are long-term and reliable. The extreme rental supply shortage, coupled with the desirability of this property, is a fantastic opportunity! Block construction/shingle roofs. Individual metered for water and electricity. No Cast Iron Pipes. This positive cash flow investment, from day one of ownership, will sell quickly. As a "must-see" income property that rarely comes along! Sold "as is" with the right to inspect.One block off Manatee Ave. west, near shopping/medical/bus routes.

Listed by:
Compass Florida, Llc

Source:
StellarMLS

Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Month

Property Features

  • Sewer

Exterior features

  • No Pool
  • Parking Off-Street
  • Parking
  • Stucco

Interior Features

  • Carpet Floors
  • Central Air Conditioning
  • Inside Laundry
  • Laundry Hookup
  • Tile - Floors

Style

  • Duplex

Financing

  • Cash
  • Conventional Financing
  • None
Favorite

Tour This Home

Thu
31Oct
Fri
01Nov
Sat
02Nov
Sun
03Nov
Mon
04Nov
Tue
05Nov
Wed
06Nov
Thu
07Nov
Fri
08Nov
Sat
09Nov
Sun
10Nov
Mon
11Nov
Tue
12Nov
Wed
13Nov
in Person
via Video Call