6520/6522 12TH STREET W

$440,000

$293/sq ft

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Overview

Bedroom

4

Year Built

1976

Sqft

1500

Property Type

Duplex

Property Description

Income-Producing Duplex in Prime Bradenton Location! Rents have just been raised to $1,300 per side! This duplex is also located in a TIF Zone! A designated area where property taxes from increased property values (the "increment") are used to fund public improvements within that area. These improvements aim to stimulate economic development, revitalize blighted areas, and ultimately increase property values and the tax base. This 2 Bed / 1 Bath duplex offers 1,500 total sq ft of living space and is fully rented, making it a perfect turnkey investment. Each unit is individually metered for electric and water, providing low-maintenance management. Located in desirable Flood Zone X. Bonus opportunity: the two neighboring duplexes to the north and south—also owned by the seller—are available for purchase. See broker remarks for more details.

Property Details

MLS#

O6307989

Address

6520/6522 12TH

City

Bradenton

State/county

FL

Zip/Postal Code

34207

Area

Prideaux Terrace

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,739

Maint Fee

$--

Tax Year

2024

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Boris Gelfand