612 26th Street W Unit 1 - 4
Bradenton, FL 34205
- 5 beds
- 4 baths
- 2,580 sqft
- 7,841 sqft lot
- $214 per sqft
- 1920 build
- – on site
Investor alert!! Well maintainted 100 year old property totally Tenant occupied and grazing an 7 CAP in this market! This would be a wonderful addition to any serious investor's portfolio. The sellers have taken wonderful care of the property, which reduces the immediate need for repairs or renovation to allow a smooth transition to the new owners. Nestled in the heart of Bradenton, this unique fourplex at 612 26th St W offers a promising combination of location, versatility, and income potential. This project has a strong rental history and high demand, making it a fantastic opportunity for both seasoned investors and first-time buyers looking to generate rental income. This charming 1920's property boasts unique units with modern amenities, perfect for small families or professionals seeking a serene living space. Sellers have added a community laundry room for tenants. So much potential for UPGRADES including: updated units, garages restored, new windows, HVAC instead of wall units in the back for added value and increased potential for rents. Sellers completed a full exterior repaint of the complex in October of 2024. The unit composition is two 1 bedroom 1 bath units located upstairs and one 2 bedroom 1 bath and one 1 bedroom 1 bath downstairs. Sufficient onsite /off-street parking available for tenants. Gross rent is appx $68K annually. Seller intends to use in a 1031 exchange. This property was unaffected in the last 3 hurricanes. Stellar location where residents will enjoy the proximity to Downtown Bradenton, just a 6-minute drive away, where local culture and dining options abound. Proximity to the Riverwalk Bradenton is also a plus as it features beautiful views, parks, playgrounds, and picnic areas. This property is also close to the Manatee Village Historical Park train depot. Anna Maria Island, with its pristine beaches, is a mere 20-minute drive, offering an idyllic escape on weekends. The area is well-served by schools such as Ballard Elementary and Manatee High School, making it an ideal location for educational growth. The neighborhood is walkable for strolls along the water to nearby parks and shops. Bradenton is an area on the rise with plenty of future growth potential with ongoing development in an ever-growing community. The current management company is willing to continue the management of the fourplex after the sale. House is on a floating foundation. Flooring in Unit 1 is sloping and needs repair- Seller has obtained a repair quote and scope of work from Alpha foundations and Seller is willing to add a concession for the repair. SERIOUS INQUIRIES ONLY, DO NOT DISTURB TENANTS, POF TO VIEW/INSPECT.
Listing courtesy of STELLAR_MLS / NEXTHOME EXCELLENCE
Last checked:
Checking…
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Last updated Jan 1, 2025
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MLS# A4623766 —
The Building
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Year Built:1920
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New Construction:false
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Construction Materials:Wood Frame
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Levels:Two
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Roof:Shingle
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Foundation Details:Crawlspace
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Window Features:Aluminum Frames
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Patio And Porch Features:Covered
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Unit Number:1 - 4
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# of Buildings:1
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Building Area Total:2734
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Unfurnished
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Additional Rooms:Family Room
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Fireplace:false
Room Dimensions
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Living Area:2580
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From Tampa, FL, take I-75 South heading toward Bradenton. Use exit 220 to merge onto FL-64 West (Manatee Avenue West) and continue for approximately 6 miles. Then, turn left onto 26th Street West and drive for about 0.3 miles. You’ll find 612 26th Street West on your left.
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Latitude:27.494369
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Longitude:-82.587743
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Coordinates:-82.587743, 27.494369
The Property
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Parcel Number:3527800001
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Attached:false
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Lot Size Acres:0.18
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Lot Size Area:7841
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Lot Size SqFt:7841
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:X
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View:false
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Exterior Features:Private Mailbox
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Water Source:Public
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (941) 900-6380
- Office phone:
- (941) 893-4505
Taxes
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Tax Year:2023
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Tax Lot:8
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Tax Block:1
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Tax Legal Description:LOT 8, BLK 1, WESTFIELD. TOGETHER WITH A PORTION OF A ALLEY ADJACENT TO LOT 8, VACATED IN OR 1072 P 656. PI#35278.0000/1
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Tax Annual Amount:6625
Beds
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Bedrooms Total:5
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/A4623766
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Special Listing Conditions:None
Heating & Cooling
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Heating:Wall Units / Window Unit
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Heating:true
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Cooling:Other
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
Appliances
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Appliances:Dryer
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Laundry Features:Common Area
Schools
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Elementary School:Ballard Elementary
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Middle Or Junior School:W.D. Sugg Middle
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High School:Manatee High
The Community
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Subdivision Name:WESTFIELD
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Spa:false
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Pool Private:false
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Pets Allowed:Cats OK
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Attached Garage:false
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Garage Spaces:3
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Carport:false
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Covered Spaces:3
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Open Parking:true
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Parking Features:Common
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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1/1/25
Jan 1, 2025
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Relisted | STELLAR_MLS | $554,000 | |
10/29/24
Oct 29, 2024
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Pending | STELLAR_MLS | $554,000 | |
10/28/24
Oct 28, 2024
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Listed / Active | STELLAR_MLS | $554,000 |