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611 61st Ave Terrace East

Bradenton FL 34203

2388 sq. ft.
7144 sq. ft.
Duplex
Currently for sale - view listing

Overview

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!

Features

2388 sq. ft. floor area
7144 sq. ft. lot size
Duplex

Property history for 611 61st Ave Terrace East

2024
Rented
Undisclosed
31 Dec 2024 by LUXURY & BEACH REALTY INC
2023
Sold
$355,000
29 Mar 2023 by Laura Barnes, of CHAIN OF LAKES REALTY INC

Happy sellers in Bradenton

86%
86% of sellers in Bradenton reported that their sale price either exceeded or met their price expectations.

Bradenton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Bradenton over the last 12 months.

Local market activity for duplexes in Bradenton

In the last 12 months, 2 duplexes similar to 611 61st Ave Terrace East, have been sold.

This represents a 100% decrease in duplexes sales when compared to the previous 12 months.

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