Incredible Triplex Deal in Bradenton – Cashflowing $1,000 a Month!
Quick Summary
Purchase Price
$430,000
Capitalization Rate
9.0%
Cash on Cash Return
10.8%
Total Return on Investment
35.3%
1 /
1419 18th Street West, Bradenton, FL 34205
3 beds
3 baths
1,260 sqft
- Great cashflowing opportunity, but it will be necessary to examine the lease agreements closely during the due diligence period.
- This property will likely require some renovation and/or rehab after the current tenants move on.
- Known as the “Tree House” his CASH COW triplex provides an opportunity to immediately receive return on your investment.
- Producing $4,600/ month between all 3 units.
- This 3-unit includes a 2/1, a 1/1, and a studio unit, all of which are occupied by tenants.
- But this isn’t your average triplex… set back on the large lot providing maximum privacy with mature Florida landscaping surrounding you, making this property one of a kind.
- Enough room in the front of the lot for future development of more units with its unique zoning.
- A little bit of TLC could go a long way.
- Just over a mile from the expanding downtown Bradenton, just over 10 miles to beautiful Anna Maria Island, and less than a mile to LECOM park.
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