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SEE ALL PHOTOS
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Sold

1003 3RD STREET W

1003 3RD ST W, BRADENTON, FL 34205

$562,500
Income producing 5-PLEX...8.25% cap AS IT SITS, with significant upside. With a small rent bump you're in the 9 range, but also with the extreme upside of being in the downtown Bradenton corridor and prime for gentrification. It happening in all directions, not hard to find proof. A further bonus, it's in the Opportunity Zone for massive tax benefits longer term. All units are rented to happy tenants who wish to stay, This property is stable, and property management is avail for a reasonable rate if so desired. Tenants pay all utilities and are current with no delinquencies on file. Buy it, tuck it away for long term gains, and clip a coupon over 8% along the way. Easy as it gets.

1
bed

2
baths

1,968 Sq.Ft. LIVING AREA

5,184 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms1
  • Total bathrooms2
  • other interior Features Ceiling Fans(s)

Area & Lot

  • Status Sold
  • Living Area1,968 Sq.Ft.
  • Lot Area5,184 Sq.Ft.
  • MLS® IDA4545835
  • TypeMulti-Family
  • YEAR BUILT1949

Exterior

  • water SourcePublic
  • utilitiesPublic
  • roofShingle
  • HEAT TYPECentral, Wall Units / Window Unit
  • AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureStem Wall
  • other exterior FeaturesOther

Financial

  • Sales Price$562,500
  • Real Estate Tax $2,012/yr
  • Zoning R3A R1D

Work With Sandra

As a Compass Luxury Consultant specializing in Lakewood Ranch, Longboat Key, and Sarasota real estate markets, Sandra is committed to serving her clients with excellence. She stands out as a leader and innovator in the industry, providing tailored real estate solutions that align with her client's unique needs. Sandra’s mission is centered around enhancing the property buying or selling experience in these key locations, while her vision and values reflect her commitment to sustainable and community-focused practices. With a client-centric culture that sets her apart, Sandra is redefining luxury real estate in Lakewood Ranch, Longboat Key, and Sarasota. If you're seeking property guidance rooted in expertise and innovation, Sandra is your ideal real estate partner.

Let's Connect

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Contact Details

SANDRA OSORIO PA

Phone

(305) 877-4453

Email

[email protected]

Address

1575 Main Street Sarasota FL 34236

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