About 611 61st Avenue Terrace E
MOTIVATED SELLER — WILLING TO NEGOTIATE! Property is being sold AS IS. Excellent investment opportunity at 611 61st Ave Terrace E in Bradenton! This duplex features two spacious approximately 1,200 sq. ft. units, each offering 3 bedrooms and 2 bathrooms.
The left unit is currently tenant occupied (DO NOT DISTURB TENANTS) at $2,195 per month, while the right unit is vacant, giving a new owner the flexibility to place a tenant, occupy one side, or pursue another rental strategy. At $2,195 per unit, the property offers potential combined rental income of $4,390 per month ($52,680 annually) when fully occupied.
A similarly sized nearby duplex featuring 2-bedroom/2-bath units recently sold for $425,000, providing a strong nearby point of comparison for this larger 3-bedroom configuration.
Great opportunity for an investor seeking an income-producing multifamily property with value-add potential in Bradenton. Seller encourages offers!
