$120,000

1826 13th Street W

BRADENTON FL, 34205

Description

INVESTOR RELOCATION means you can CASH IN! Long time tenants in place for INSTANT INCOME and the property is located in the OPPORTUNITY ZONE so investors may be able to access capital gains TAX INCENTIVES both immediately and over the long term. Property is functioning as a legal multifamily dwelling but the T4-R (General Urban Restricted) zoning will allow for mixed use such as medical clinic, vet office, bed & breakfast as well as other possible special uses. Property is situated steps away from a laundromat, grocery store, restaurants, bus lines, and other new construction. Property was re-roofed less than 2 years ago, freshly painted outside last year, 2018 taxes were only $1309, and tenants pay their own utilities with separate water & electric meters for each unit so expenses are minimal. Tenants are paying $580 for the 2/1 and $760 for the 4/1 but are MONTH TO MONTH so a rent increase is possible and both are current and would like to stay. At this price this one is a no brainer, dont get left behind. MOTIVATED SELLER is READY to close.

Details

MLS#A4447323
Sub-TypeResale
StatusActive
Year1925
Days On Site19

Features

SQ Feet1,695
Units2
Building(s)1

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Area Information

StateFL
CountyManatee
CityBRADENTON
Zip Code34205
Area34205 - Bradenton
Listing VS Median (in 34205)
Price:
$120,000
low | high
Med:
$189,777
8.1475% of Average
SqFt:
1,695
low | high
Med:
1,035
88.938053097345% of Average
$ / SqFt:
$71
low | high
Med:
$183
100% of Average
On Site:
19
low | high
Med:
32
59.375% of Average
Listing Updated: 10/15/2019
MLS Number: A4447323
Listing Provided By:
Cheryl Edwards  of  REAL ESTATE MATCH USA

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