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Description
High-Yield Bradenton Triplex | Turn-Key Income + Equity Potential.Welcome to 1706 4th Ave, a rare investment gem in one of Bradenton's premier residential pockets. This 3,385 sq ft triplex blends timeless charm with essential modern upgrades, including a new roof (Oct 2024), all set on a generous 0.40-acre lot outside of flood zones and built with durable masonry construction and a stucco exterior, not wood frame.The main residence spans 1,955 sq ft with a 2-bedroom, 1-bath layout, featuring new flooring, fresh paint, ceiling fans, a cozy wood-burning fireplace, and an attached 2-car garage. To the rear, a separate two-story detached duplex offers two 1-bedroom units (one ground level, one upper level), currently leased and generating $48,540 in annual income.Investors will appreciate the solid concrete block construction, low-maintenance stucco exterior, fenced backyard, and significant upside potential with below-market rents. With an estimated 6-7% cap rate, this is a true turn-key opportunity with built-in equity and long-term durability.Whether you're expanding your portfolio or seeking stable cash flow in a high-demand rental area, this property delivers.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.40 Acres
Roof Type: Built-Up
Taxes: $5,723
Year Built: 1925
General Information
Bedrooms: 4
Sqft: 3,385
County: Manatee
Subdivision: N S JONES
Listed By:
Mathew Sumlin
EXP REALTY LLC
888-883-8509
MLS ID: TB8470181
Amenities
Ceiling Fans(s)
High Ceilings
Open Floorplan
Awning(s)
Fence
Private Mailbox
Property Features
Annual Net Income: 48540.00
Appliances: Cooktop, Dryer, Refrigerator, Washer
Community Features: Street Lights
Days on Site: 32
Directions: Heading West on SR 64, turn right onto 17th Street East and a quick right onto 4th Ave East. Property on right handside.
Exterior: Block, Stucco
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot: Corner Lot, Oversized Lot
Lot Dimensions: 0.4
Other Structures: Shed(s)
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
Patio/Porch: Covered, Front Porch
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Call Before Showing, Call Listing Agent, Combination Lock Box, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Zoning: C2
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1706 4th Avenue E, Bradenton, FL 34208.
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Estimated Payment
$ 2,404.44 per month $1,774.11 Principal & Interest $476.92 Property Tax $153.42 Homeowner's InsuranceChange Payment Information
About this area
About Bradenton
Bradenton—situated on Florida's Gulf Coast—is a vibrant city that blends coastal charm with cultural richness. Surrounded by pristine beaches and the tranquil waters of the Manatee River, Bradenton offers a relaxed coastal lifestyle. The downtown Riverwalk district—with its art galleries, shops, and waterfront parks—reflects the city's commitment to culture and recreation. Home to the Village of the Arts, Bradenton celebrates local creativity and hosts events like the Bradenton Blues Festival. With a mix of historic neighborhoods, modern amenities, and a warm community spirit, Bradenton provides residents and visitors alike with a diverse and inviting Florida experience.
Learn More About Living in Bradenton, Florida
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