Active

$526,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 3385 sq ft
Overview
  • ID: MFRTB8470181
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 3385 sq ft
Property Details
Remarks
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 1920s 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 separately metered 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.
Financial Considerations
Price:
$526,000
HOA Fee:
N/A
Tax Amount:
$5723
Price per SqFt:
$155.39
Tax Legal Description:
BEG AT NW COR OF LOT 5 N S JONES SUB PB 1 P 160, THENCE RUN S ALONG E SIDE OF GRIFFIN ST- NOW 17TH ST- AS SHOWN THEREON TO A POINT 50 FT 8 IN N OF S LINE OF SAID LOT 5 FOR A POB, THENCE E & PARALLEL WITH S LINE OF SAID LOT 5 & OF LOT 4 THEREOF, A DIS T OF 110 FT TO A POINT 50 FT 8 IN N OF S LINE OF LOT 4 OF SAID SUB, THENCE N TO NE COR OF PROPERTY DESC IN DB
Exterior Features
Lot Size:
17598
Lot Features:
Corner Lot, Oversized Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Built-Up
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Cooktop, Dryer, Refrigerator, Washer
Furnished:
No
Floor:
Luxury Vinyl
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1925
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Awning(s), Fence, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    1706 4TH AVE E
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