$550,000
2014 10th Street West
Details
Property Type Multifamily
Square Footage 2,731
Cap Rate 7.6%
NOI $41,800
Pro-Forma Cap Rate 8.73%
Pro-Forma NOI $48,000
Two Duplex's - Package Deal
Marketing description
*Buy as a package deal for $550,000 with 720 22nd ave W Bradenton - 4 Total Units!*
Two Duplex's for sale
2014 10th st w:
2 bed 1 bath & a Studio
2 bed has a lease at 1,500 per month
Studio is vacant - should lease at 1,050 per month
Tenants pay utilities
Overall good cosmetic condition
Laundry in 2 bed unit.
720 22nd ave w:
1 bed 1 bath & 1 bed 1 bath
Both units leased for $1,150/m each
Owner pays water
Overall good cosmetic condition
Brand new mini split ac/heat systems installed
Frame build - Tented in 2025
Laundry in 1 of 2 units
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Loan Amount
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Annual Debt Service
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$--
Annual Cash Flow
$41,800.00
$3,483.33/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
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