1% rule works here. This well-maintained duplex features a 2/1 unit currently renting at $1,700 and a 1/1 unit renting at $1,300, with tenants covering electric. Potential to increase cash flow by billing water upon lease renewal. The property is in great shape with a 2022 roof, 2017 water heater, and 2012 A/C in the 2/1 unit. The 1/1 unit stays cool with wall/window units. Professionally managed and fully occupied—this is a turnkey addition to your portfolio. Don’t miss this solid, income-generating property!
Property Details
Price:
$299,000
MLS #:
A4641337
Status:
Active
Beds:
3
Baths:
2
Address:
2005 12TH STREET W
Type:
Multi Family
Subtype:
Duplex
Subdivision:
EDGEWOOD
Neighborhood:
34205 – Bradenton
City:
BRADENTON
Listed Date:
Feb 19, 2025
State:
FL
Finished Sq Ft:
1,175
Total Sq Ft:
1,175
ZIP:
34205
Lot Size:
5,998 sqft / 0.14 acres (approx)
Year Built:
1948
Units:
2
Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Heating
Central, Electric
Laundry Features
None
Exterior
Construction Materials
Wood Frame
Exterior Features
Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$3,304
Map
Community
- Address2005 12TH STREET W BRADENTON FL
- SubdivisionEDGEWOOD
- CityBRADENTON
- CountyManatee
- Zip Code34205
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2005 12TH STREET W
BRADENTON, FL
LIGHTBOX-IMAGES