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Home > Listings > FL > Bradenton > Units 912A-1018B 60TH AVENUE TERRACE W, Bradenton, FL 34207
sold

Units 912A-1018B 60TH AVENUE TERRACE W, Bradenton, FL 34207

$4,825,000
$3,278 per ft²
48 Bed
24 Bath
1,472 Sq Ft
2.7 Acres
Listing Office: FINE PROPERTIES
Image 1 of property listing at Units 912A-1018B 60TH AVENUE TERRACE W, Bradenton, FL 34207Stellar MLS
THE SUNNY ACRES Portfolio Investor Package is for sale. **** DO NOT GO ON PROPERTY. DO NOT DISTURB TENANTS*** 24 UNITS ALL OCCUPIED. Property is a contiguous property spanning nearly 3 acres that consists of 12 DUPLEXES. 3 courtyard style entrances each with 4 duplexes per entrance. Separate driveways and dead end courtyard streets. All of the units are 2 bedroom, 1 bath, with individual carports and individual laundry room/utility closet. All utilities are separately metered. Tenants pay electric, water, and internet. All units are located adjacent to one another on a large parcel in the heart of West Bradenton. Tremendous cash flow. Grosses 360k per year. Low taxes and low insurance (avg. 775$ per unit per year) makes an incredible Net ROI. All units are rented and cash flowing. Excellent quadrant with all duplexes grouped together, well kept, and top notch management company in place. Management company has set expectations and great relationship with tenants in community. Units vary in finishes. Majority are completely upgraded or moderately upgraded, and there are still several with basic or original finishes. Pictures represent the range of condition. No pics of original finishes. 1/3rd of the units recently had the exteriors painted and shutters added and one brand new entrance parking lot recently. Many NEW ACs and other miscellaneous improvements. Rents range from $1000-1650 month. Rent rolls and details available on request. Assume it as it is and collect income, continue the improvement project and build your rental return to create more income potential opportunities. The average price of duplexes is consistent with individual duplexes in the zip code that are in above average condition. The main difference is that the comparable duplexes all range from 900-1100 in gross rent and these duplexes are all renting well above those averages. Comparable duplexes are randomly located throughout town. This package is all located in one spot and you can establish and maintain consistency. Includes all of the following address on 60th Ave Terrace West Bradenton; 912A, 912B, 914A, 914B, 916A, 916B, 918A, 918B, 1004A, 1004B, 1006A, 1006B, 1008A, 1008B, 1010A, 1010B, 1012A, 1012B, 1014A, 1014B, 1016A,1016B, 1018A, 1018B. Inquire with agent with any additional questions. **** DO NOT GO ON PROPERTY. DO NOT DISTURB TENANTS**** Please. Serious inquiries only. Proof of funds required. See terms for additional instructions regarding offers, income, financing, and such.

Listing Agent: Joseph Patoray, LLC

License Number: 3198381

Offered by: FINE PROPERTIES

Office Phone: 941-782-0000

MLS: #A4582612

Stellar MLS

Date Added: 09/25/2023 12:00:00 am

Last Update: 10/18/2023 05:08:25 pm

Days on Market: 893

Interior

  • General: Other
  • Rooms: Storage Rooms
  • Appliances: Range, Refrigerator
  • Laundry: Laundry Room
  • Flooring: Ceramic Tile
  • A/C: true, Central Air
  • Heating: true, Central

Exterior

  • General: Other
  • Parking: Covered

Construction

  • Roofing: Shingle
  • General: Block, Slab

Location

  • Road/Access: Paved
  • Originating MLS: Stellar MLS
  • County: Manatee

Lot

  • Zoning: RDD6, LOT 132 SUNNY LAKES ESTATES PI#60096.0000/5, 6009600005

Utilities

  • Utilities: Electricity Connected
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Source: Stellar MLS, Stellar MLS
  • Buyers Agent Compensation: 2%

Property

  • Year Built: 1972
  • Type: Multi-Family
  • Parcel #: 6009600005

Schools

  • Elementary: Blanche H. Daughtrey Elementary
  • Middle: W.D. Sugg Middle
  • High: Bayshore High

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10/18/2023Sold
10/08/2023Pending
09/25/2023$4,825,000@ 3278 per ft²Listed
09/25/2023Active

Listing Broker

Cheryl Mullen
1 @
Email: [email protected]

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Last Updated: 10/18/2023 05:08:25 pm

Offered by: Joseph Patoray, LLC, 3198381, 941-448-8971 @ FINE PROPERTIES

MLS: #A4582612

Source: Stellar MLS

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Home > Listings > FL > Bradenton > Units 912A-1018B 60TH AVENUE TERRACE W, Bradenton, FL 34207

Units 912A-1018B 60TH AVENUE TERRACE W, Bradenton, FL 34207 is a 48 Bed, 24 Bath, 1,472 Sq Ft, 2.7 Acres, Multi-Family built in 1972.

This property is currently available and was listed by Stellar MLS on 09/25/2023 12:00:00 am. The MLS # for the property is MLS #A4582612.

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Cheryl Mullen is a Central Florida real estate agent for the broker Hanson Real Estate Group Inc. Back to top

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