$383,000
$359,900
6.4%For more information regarding the value of a property, please contact us for a free consultation.
2,842 SqFt
SOLD DATE : 08/13/2021
Key Details
Sold Price $383,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,842 sqft
Price per Sqft $134
Subdivision Do-Ray Villas
MLS Listing ID A4504156
Sold Date 08/13/21
Construction Status No Contingency
HOA Y/N No
Year Built 1979
Annual Tax Amount $4,012
Lot Size 0.380 Acres
Acres 0.38
Property Description
Rare Triplex available in Bradenton and priced right for quick sale! Block construction built in 1979. Professionally managed for passive income. Fully rented and ready to generate income on day 1! Two 2/2 units and one 3/2 unit. All units have separate water and electric meters. Utilities paid by tenants. Each unit is over 900 sq ft. Well maintained. New A/C for 2 units. Outside painted last year. Large lot. Nearly $40K in gross annual rents in 2020. Potential market rent is over $42K/yr with a cap rate of 6.4%. Seller holds an active Florida real estate license.
Location
State FL
County Manatee
Community Do-Ray Villas
Zoning RMF9
Direction W
Interior
Interior Features Thermostat
Heating Electric
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Lighting
Garage Common, Driveway
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters
Waterfront false
Roof Type Built-Up,Shingle
Parking Type Common, Driveway
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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