Income producing 5-PLEX...8.25% cap AS IT SITS, with significant upside. With a small rent bump you're in the 9 range, but also with the extreme upside of being in the downtown Bradenton corridor and prime for gentrification. It happening in all directions, not hard to find proof. A further bonus, it's in the Opportunity Zone for massive tax benefits longer term. All units are rented to happy tenants who wish to stay, This property is stable, and property management is avail for a reasonable rate if so desired. Tenants pay all utilities and are current with no delinquencies on file. Buy it, tuck it away for long term gains, and clip a coupon over 8% along the way. Easy as it gets.
Sold for $562,500 on 12/01/22
$562,500
1003 3rd St W, Bradenton, FL 34205
1beds
2baths
1,968sqft
Multi Family
Built in 1949
-- sqft lot
$549,400 Zestimate®
$286/sqft
$1,582 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 13, 2023 at 01:08am
Listing Provided by:
Jason Skowronski 941-812-6090,
COMPASS FLORIDA LLC 941-279-3630
Bought with:
Ray Ivory, 0699505
RE/MAX FOXFIRE - HWY 40
Source: Stellar MLS,MLS#: A4545835
Originating MLS: Port Charlotte

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
Heating
- Central, Wall Units / Window Unit
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total interior livable area: 1,968 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 5,184 sqft
Details
- Parcel number: 4289900005
- Zoning: R3A R1D
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Stem Wall
- Roof: Shingle
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & neighborhood
Location
- Region: Bradenton
- Subdivision: 2765; SINGLETARY ET AL
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Fee Simple
- Road surface type: Asphalt, Paved
Services availability
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Estimated market value
$549,400