Description
Renovated Duplex with Strong Investment Potential 10% Cap Rate! Welcome to 3323/3325 8th St E, an updated duplex in the heart of Bradenton, offering a rare opportunity for investors. Each side of this spacious property features 2 bedrooms and 2 bathrooms, including a private en-suite in the primary bedroom for added comfort and privacy. In 2023, the owner invested approximately $65,000 in renovations, including new kitchens, modern bathrooms, updated flooring throughout, brand-new water heaters in both units, and a new roof all the big-ticket items are already done. Each unit also features a 1-car carport for convenient covered parking. Both units are tenant-occupied with annual leases through May 2026, offering immediate, stable income with an impressive ~10% cap rate as-is. This is a true turnkey investment opportunity with strong returns from day one. Situated in a non-HOA neighborhood, the property offers flexibility and no extra fees. Enjoy a prime location just minutes from downtown Bradenton, local shops, dining, and LECOM Park. You're also less than 30 minutes from the award-winning beaches of Anna Maria Island and Siesta Key, and just a short drive to downtown Sarasota, known for its vibrant arts scene, restaurants, and waterfront charm. If you're looking to expand your rental portfolio, this upgraded duplex delivers on location, value, and long-term potential.
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4BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
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1,782SQFT
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$222$/SQFT
School Information
Description
Renovated Duplex with Strong Investment Potential 10% Cap Rate! Welcome to 3323/3325 8th St E, an updated duplex in the heart of Bradenton, offering a rare opportunity for investors. Each side of this spacious property features 2 bedrooms and 2 bathrooms, including a private en-suite in the primary bedroom for added comfort and privacy. In 2023, the owner invested approximately $65,000 in renovations, including new kitchens, modern bathrooms, updated flooring throughout, brand-new water heaters in both units, and a new roof all the big-ticket items are already done. Each unit also features a 1-car carport for convenient covered parking. Both units are tenant-occupied with annual leases through May 2026, offering immediate, stable income with an impressive ~10% cap rate as-is. This is a true turnkey investment opportunity with strong returns from day one. Situated in a non-HOA neighborhood, the property offers flexibility and no extra fees. Enjoy a prime location just minutes from downtown Bradenton, local shops, dining, and LECOM Park. You're also less than 30 minutes from the award-winning beaches of Anna Maria Island and Siesta Key, and just a short drive to downtown Sarasota, known for its vibrant arts scene, restaurants, and waterfront charm. If you're looking to expand your rental portfolio, this upgraded duplex delivers on location, value, and long-term potential.
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