1207 62Nd Ave E, Bradenton, FL 34203

Description

Priced at $599,900 with an estimated NOI of $40,605, this fully renovated duplex delivers a cap rate of roughly 6.8% right out of the gate — a turnkey income property with no deferred maintenance to eat into returns. Both units are currently occupied by strong, reliable tenants generating a combined $4,040 per month in rent, with one unit at $2,095 and the other at $1,945, giving a new owner immediate and stable cash flow from day one.

Adding to the opportunity, this duplex is part of a package of four buildings situated right next to one another, with three additional duplexes also available for sale. For an investor looking to scale quickly, acquiring the full groupi...