804 12th Street East
$529,999
6
2
1,944
1,944
$273
Description
This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs....This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs. Major updates include a new roof, new luxury vinyl flooring throughout both units, and updated kitchens and bathrooms with modern finishes. The new AC units and new hot water heater provide additional peace of mind, ensuring that critical systems are up-to-date and functioning efficiently. These updates allow the new owner to benefit from lower maintenance costs and minimal immediate repairs, while also enhancing the property's overall appeal to tenants. Tenants are responsible for all utilities, including electricity, water, and gas, reducing the owner's monthly expenses and further enhancing the property's cash flow potential. With both units currently occupied by reliable tenants, the property is generating consistent rental income, making it a great investment for anyone looking to add a cash-flowing property to their portfolio. The duplex is ideally located near shopping centers, schools, parks, dining options, and major transportation routes, making it attractive to tenants and ensuring long-term rental demand. This is a ready-to-go investment with minimal maintenance required and strong rental income potential. Contact us today to schedule a viewing or to learn more about how this property can start earning for you right away.
- Listed by Jonathan Pergerson • FLOTACAL
- Listed by Mike Vo • FLOTACAL
Property Details for 804 12th Street East
Subdivision Name
GRAHAM
Township34S
WaterfrontNo
LISTING UPDATED: 11/16/2024 06:47 AM
Property Details for 804 12th Street East
Status | Active |
---|---|
MLS # | A4629095 |
Days on Market | 7 |
Taxes | $3,848 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1981 |
Lot Size | 0.19 AC / 8,425 SF |
County | Manatee County |
Building Information for 804 12th Street East
Stories1Year Built1981Building Size-Lot Size0.19 AC / 8,425 SF
Property Information for 804 12th Street East
Property History for 804 12th Street East
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 804 12th Street East
Taxable ValueLand$30,600Additions$173,324Total$203,924
Tax Record2023$3,848 ($321 / month)
Home Facts
Baths2Total Finished SqFt1,944 SqFtAbove Grade Finished SqFt1,944 SqFtStories1Lot Size8,424 SqFtStyleDuplexYear Built1981Year Renovated2001ZoningBR_FBC,BR_T4-CountyMANATEEAPN32284.0000-2
Schools near 804 12th Street East
This home is within Manatee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Manatee Elementary School PublicPK to 5 | ||
Martha B. King Middle School Public6 to 8 | ||
Manatee High School Public9 to 12 | ||
Team Success A School Of Excellence CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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