EXCELLENT INVESTMENT OPPORTUNITY – INCOME-PRODUCING DUPLEX WITH POTENTIAL FOR INCREASED RENTAL INCOME! Offered at $395,000, this well-maintained, solid masonry-construction duplex features two spacious 2-bedroom, 1-bath units with a total of 1,680 square feet. Both units are currently tenant-occupied. Offering potential for increased rental income in the future. The property generates a an estimated 7.56% cap rate. Property features include a 2018 roof, one newer A/C system 2024, and durable masonry construction. Conveniently located near restaurants, grocery stores, shopping, public transportation, and everyday amenities. Whether you're an experienced investor expanding your portfolio or purchasing your first income-producing property, this duplex offers an attractive combination of established rental income, solid construction, convenient location, and future income growth potential. Don't miss this opportunity to invest in Bradenton's rental market! Estimated cap rate of 7.56% .Buyer to verify all financial information. Potential for increased rental income subject to market conditions and existing lease terms.
Listing courtesy of RE/MAX ALLIANCE GROUP. 941-778-7777
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