$665,000
$698,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
2,450 SqFt
SOLD DATE : 04/29/2024
Key Details
Sold Price $665,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $271
Subdivision Alcona Estates
MLS Listing ID A4602585
Sold Date 04/29/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $362
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Attention investors! Discover a prime income-generating duplex in the peaceful Alcona Estates, offering both a serene living environment and attractive rental possibilities. This 1980-built duplex presents a lucrative opportunity for those looking to dive into the thriving Bradenton rental market. Both units under addresses 4530 & 4532 are included, boasting a total heated area of 2,450 SqFt. Each unit mirrors a single-family home layout, with three bedrooms and two well-appointed bathrooms, catering to families or individuals seeking spacious accommodation. Unit 4532 has undergone significant upgrades. Specifically, a new air conditioning unit has been installed along with new microwaves, bathroom vanities, floors, toilets, tub/shower faucets, and lighting in both units. Furthermore, all windows have been replaced for improved energy efficiency and aesthetics. In unit 4532, the kitchen has been outfitted with new cabinets and Formica countertops, while the countertops in unit 4530 have been upgraded to Formica. The interior and exterior of the property have been repainted, and the front yard has been newly landscaped. It is worth noting that all the water shutoff valves under the sinks have been replaced with new ones. Enjoy the luxury of large, fully fenced backyards in each unit. These private outdoor havens are perfect for family gatherings, barbecues, or tranquil relaxation, adding a unique selling point for prospective tenants. Ideal for savvy investors, this duplex offers the versatility to rent out both units for maximum income or to occupy one while leasing the other. It's a perfect strategy for those seeking to offset mortgage costs with rental income. Nestled in the vibrant city of Bradenton, this property is a short drive from Anna Maria Island and Florida's breathtaking Gulf Coast beaches. The location balances tranquility with accessibility, ensuring high demand from tenants looking for a peaceful yet connected lifestyle. With no HOA or CDD fees, this investment is cost-effective and promises a higher net income. Bradenton's growing popularity and its proximity to stunning beaches make this duplex an attractive option for various rental strategies, including short-term (Airbnb), monthly, seasonal, or traditional annual leases. This duplex is not just a property but an opportunity to establish or expand your investment portfolio in one of Florida's rapidly growing areas. Whether you're a seasoned investor or exploring your first income property, this duplex in Alcona Estates is an opportunity not to be missed. Schedule your visit today and envision the potential of 4530 & 4532 86th St W as your next smart investment move in Bradenton's lucrative rental market.
Location
State FL
County Manatee
Community Alcona Estates
Zoning RDD6
Direction W
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Electric
Cooling Central Air
Fireplace false
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Fence, Private Mailbox
Parking Features Driveway
Utilities Available Cable Available, Electricity Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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