601 24th St E APT A, Bradenton, FL 34208

LOCATION! LOCATION! LOCATION! 5 Units under $260k! 11+% cap rate! 100% Occupied with Leases and Deposits in Place ** Tremendous Value Add Opportunity ** Great tenants, great location, and very good condition. IMMEDIATE cash flow. The Ayres Point Apartments consist of 2 buildings with 5 units, on one parcel of land. A lovely 4 Unit multi-family in front, plus a single unit freestanding house in back. The unit mix for the property consists of Three (3) 2 bedroom / 1 bathroom units, and Two (2), 1 bedroom / 1 bathroom units. Annual Gross Rent is currently $38,870 and there is DEFINITELY ROOM TO RAISE RENTS. Most tenants have resided at the property for numerous years, and thus vacancy at the property has been near zero. This premium location is just South of Manatee Avenue and East of Tamiami Trail, very close to downtown Bradenton and Riverfront excitement. Property is in very good shape and has truly wonderful tenants who are all in good standing. This premium location is just South of Manatee Avenue and East of Tamiami Trail, very close all the amenities of downtown Bradenton and Riverfront excitement. Call today, priced to sell quickly! ** CREATIVE FINANCING OPTIONS AVAILABLE **