$995,000
$999,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
1509 7TH AVE W Bradenton, FL 34205
8 Beds
4 Baths
3,394 SqFt
Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,394 sqft
Price per Sqft $293
Subdivision F C Whitakers
MLS Listing ID A4538299
Sold Date 08/31/22
Bedrooms 8
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $6,147
Lot Size 4,791 Sqft
Acres 0.11
Property Description
*This is a fully vacant property ready for leasing*
The Fully Renovated Turn Key Riverwalk Apartments and vacation rentals includes four units, consisting of two buildings on one parcel. The property features Two, large 3 bedroom / 1 bathroom suites in the front building, and Two, 1 bedroom / 1 bathroom suites in the back building. The Riverwalk Apartments and vacation rentals are a vintage 1925 construction that has gone through a dynamic renovation from ground up! All units have had extensive interior updates from all new appliances, air conditioning systems, flooring, electrical upgrades, fans, light fixtures, new water heaters, kitchen, and bathroom upgrades. The exterior has been fully renovated from re exterior surfacing and repainting, front building hurricane windows, foundation repair and lifting. The Riverwalk Apartments are located just steps from Downtown Bradenton in Manatee County and just miles from Gulf Beaches. The proximity to downtown and the beaches makes this 4 unit rental a centralized gem for 12 month tenants or a casual vacation stay!
Contact me for an approx. pro forma and brochure showing either long term rentals or vacation rental income.
Approx. NOI for long terms rentals would be $72,000
Approx. NOI for vacation/short terms rentals would be $130,000
Location
State FL
County Manatee
Community F C Whitakers
Zoning C1A/UCBD
Direction W
Interior
Interior Features Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Thermostat
Heating Electric
Cooling Central Air, Mini-Split Unit(s)
Fireplace false
Exterior
Exterior Feature Private Mailbox, Sidewalk
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Built-Up
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with DALTON WADE INC
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