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913 66th AVENUE W, #A, Bradenton, FL, 34207 | $1,495,000
Duplex Investor Package is For Sale. **** DO NOT GO ON PROPERTY. DO NOT DISTURB TENANTS***8 UNITS ALL OCCUPIED. Property is a contiguous property that consists of 4 DUPLEXES. All of the units are 2 bedrooms, 1 bath, with individual carports and individual laundry room/utility closet. All utilities are separately metered. Tenants pay for electricity, water, and the internet. All units are located adjacent to one another on a large parcel in the heart of West Bradenton. Tremendous cash flow. Grosses $120k per year. All units are rented and cash flowing. Excellent quadrant with all duplexes grouped together, well kept, and top-notch management company in place. Management company has set expectations and a great relationship with tenants in the community. Units vary in finish. The majority are upgraded or moderately upgraded, and there are still some with basic or original finishes. Pictures represent the range of conditions. No pics of original finishes. Units recently had their exteriors painted. Many NEW ACs and other miscellaneous improvements. All roofs were replaced in 2016. Rents range from $1250-$1600 a month. Rent rolls and details available on request. Assume it as it is and collect income, continue the improvement project, and build your rental return to create more income potential opportunities. The average price of duplexes is consistent with individual duplexes in the zip code that are in above average condition. The main difference is that the comparable duplexes all range from 900-1100 in gross rent and these duplexes are all renting well above those averages. Comparable duplexes are randomly located throughout town. This package is all located in one spot, and you can establish and maintain consistency. Includes all the following addresses on 66th Ave West Bradenton; 907A, 907B, 909A, 909B, 911A, 911B, 913A, 913B. Inquire with the agent about any additional questions. **** DO NOT GO ON PROPERTY. DO NOT DISTURB TENANTS**** Please. Serious inquiries only. Proof of funds required.
Features
- Units: 8
- Laundry: Laundry Room, Outside
- Year Built: 1973
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 6,048
- Acreage: 0.92
- Est. Taxes: $12,304
- MLS#: A4604665
- Days on Market: 59 days
- Website: https://www.raveis.com
/prop/A4604665/91366thavenuew_bradenton_fl?source=qrflyer
Listing courtesy of FINE PROPERTIES Phone: 941-782-0000
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
913 66th AVENUE W, #A, Bradenton, FL, 34207
$1,495,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.851% | 6.989% | 6.976% |
| Monthly Tax Payment | $1,025 | $1,025 | $1,025 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,058 | $7,857 | $10,584 |
| Total Monthly Payment | $9,208 | $9,007 | $11,734 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388