1003 3rd Street West
1003 3rd Street West
$562,500
1
1,968
1,968
$286
Sold 12/1/22
Description
Income producing 5-PLEX...8.25% cap AS IT SITS, with significant upside. With a small rent bump you're in the 9 range, but also with the extreme upside of being in the downtown Bradenton corridor and prime for gentrification. It happening in all directions, not hard to find proof. A further bonus, it's in the Opportunity Zone for massive tax benefits longer term. All units are rented to happy tenants who wish to stay, This property is stable, and property management is avail for a reasonable rate...Income producing 5-PLEX...8.25% cap AS IT SITS, with significant upside. With a small rent bump you're in the 9 range, but also with the extreme upside of being in the downtown Bradenton corridor and prime for gentrification. It happening in all directions, not hard to find proof. A further bonus, it's in the Opportunity Zone for massive tax benefits longer term. All units are rented to happy tenants who wish to stay, This property is stable, and property management is avail for a reasonable rate if so desired. Tenants pay all utilities and are current with no delinquencies on file. Buy it, tuck it away for long term gains, and clip a coupon over 8% along the way. Easy as it gets.
Property Details for 1003 3rd Street West
Subdivision Name
2765; SINGLETARY ET AL
WaterfrontNo
Location
LISTING UPDATED: 12/02/2022 11:42 AM
Property Details for 1003 3rd Street West
Status | Sold |
---|---|
MLS # | A4545835 |
Days on Market | 20 |
Taxes | $2,012 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1949 |
Lot Size | 0.12 AC / 5,184 SF |
County | Manatee County |
Location
Building Information for 1003 3rd Street West
Stories-Residences5Year Built1949Building Size-Lot Size0.12 AC / 5,184 SF
Payment Calculator
$3,237 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1003 3rd Street West
Property History for 1003 3rd Street West
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1003 3rd Street West
Taxable ValueLand$32,640Additions$362,659Total$395,299
Tax Record2023$7,459 ($622 / month)
Home Facts
Baths5Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size5,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1949Year Renovated2007ZoningBR_FBC,BR_T4-CountyMANATEEAPN42899.0000-5
Schools near 1003 3rd Street West
This home is within Manatee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Orange Ridge-Bullock Elementary School PublicPK to 5 | ||
Martha B. King Middle School Public6 to 8 | ||
Manatee High School Public9 to 12 | ||
Manatee Virtual Instruction Program PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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