Auction Property. Historic Multifamily is Ready for you to add it to part of your portfolio and watch it grow! This Lovely early 20th Century 7-unit Building has two efficiencies, Two 1/1s, and three 2/1s. 5/7 of the units are vacant to allow for new ownership to attract tenants to the property at market rates! All 7 of these units were updated in 2020 with vinyl flooring, fresh paint, new roofs, and a 2022 Electrical service and sewage connection upgrade. Units 3 and 7 (a 1/1 and 2/1) are occupied with long-term tenants in place. The property has 1 meter for water and electrical so the landlord pays for major utilities. ***Auction will Run TBD ONLINE***. The listed price is a suggested price and is not reflective of the starting bid or the reserve. A buyer's premium of 5% is required. You must preregister on the auction site prior to being approved to bid on the auction online. You may schedule an appointment to view and perform due diligence on the property prior to the auction close. There will be a 5% buyers premium applied to the winning bid. ***All property information to be verified by buyers***

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Location Information

Road Frontage["City Street"]

Basic Information

Property SubTypeMulti-Family
Virtual TourView Tour

Property

Living Area 3456
ZoningR3A

Interior

Flooring ["Vinyl"]

Utilities

Cooling ["Wall/Window Unit(s)"]
Heating ["Electric"]
Sewer ["Public Sewer"]
Utilities ["Electricity Available", "Public", "Water Connected"]

Water Body

MFR Water Access YN No
MFR Water View YN No

Other

Date Listed06/21/2022
MFR Condo Environment YN No
MFR Flood Zone Code X
View Count1

Basic Information

List Price$700,000
MLS NumberU8167047
Mls Status Active
StatusACT

Building

Building Area Source Public Records
Garage Spaces
MFR Ceiling Type Drywall, Plaster
Roof["Shingle"]
Stories1
Units7
Year Built1925

Property Information

Acreage0.25
Construction Materials ["Wood Frame", "Wood Siding"]
Lot Size Dimensions 70x155
Lot Size Square Feet 10,851
MFR Total Acreage 1/4 to less than 1/2
Square Feet4,000

Tax Information

Tax Year 2021
Taxes$4,860

Location

Address1514 12th Avenue W
AreaBradenton
Building Number1514
CountyManatee
Directions From 14th st w, turn westward onto 12h ave w. Subject property will be on the north side of the road
StateFL
Street12th
SubdivisionFairview Park
TownBradenton
Township 34S
Zip34205

Amenities

Appliances Included["Refrigerator"]

Legal

Listing Agreement Exclusive Right To Sell
Parcel Number 4389700008
Tax Legal Description E1/2 OF LOTS 10 & 11 BLK 7 FAIRVIEW PARK PI#43897.0000/8

Based on information submitted to StellarMLS as of June 26, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1514 12th Avenue WBradenton, FL 34205MLS Number U8167047

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