Neighborhood: 34205 - Bradenton, Village Of The Arts, Preston Boyd Add
Property Taxes: $1,992
Investment opportunity located in the heart of "Village of the Arts District" - zoning allows artists to make, sell and showcase their art from their homes. This 4 Plex has separate meter for electricity but water is one common meter and is paid by Landlord. Repairs done - Paint 2019. Unit A (downstairs front) re-furb'd kitchen and bath 2018. Electrical panels and outlets re-furbished 2020. All A/C (window units, 2 per apartment) working. Plumbing was redone with CPVC for supply lines. Average cost is $55 per unit for water and garbage - Landlord pays. Average cost of gas to heat water is $45 per month - Landlord pays. Insurance is approx $125 per month. The building is only 4 properties away from Motorworks Brewery. Off street parking in back for tenants. Rents are below market and have potential upside on renewals.
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