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Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Broker IDX Sites Inc.
We are the World
Property Photos
1514 12th Avenue W
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PRICED AT ONLY: $899,000

Address: 1514 12th Avenue W, BRADENTON, FL 34205

Description

Outstanding opportunity to own a 7 unit multifamily investment property in a strong rental market. This well maintained building features a desirable unit mix and consistent rental history, making it a solid addition to any portfolio. Five of the seven units are currently leased with reliable tenants in place, while two vacant units provide immediate potential to increase income by leasing at todays market rates. The property offers steady cash flow with additional upside, ideal for both seasoned investors and those entering the multifamily space. Conveniently located near shopping, dining, and major commuter routes, this 7 plex benefits from strong tenant demand and long term appreciation potential. Dont miss this rare chance to secure a performing asset with built in growth opportunities.
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  • MLS#: A4664368 ( Commercial Sale )
  • Street Address: 1514 12th Avenue W
  • Viewed: 9
  • Price: $899,000
  • Price sqft: $225
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 4000
  • Days On Market: 6
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Vinyl
  • Living Area: 3456.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Public, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 88298.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Refrigerator
  • Country: US
  • Legal Description: E1/2 OF LOTS 10 & 11 BLK 7 FAIRVIEW PARK PI#43897.0000/8
  • Area Major: 34205 - Bradenton
  • Occupant Type: Tenant
  • Parcel Number: 4389700008
  • Zoning Code: R3A

Contact Info

  1. Broker IDX Sites Inc.
  2. We are the World
  3. 750.420.3943
  4. Toll Free: 005578193
  5. support@brokeridxsites.com
Wade M. Berlin