About 804 12th Street E
This 6-bedroom, 2-bath duplex is an excellent turnkey investment property generating $4,200 ($1900 and $2300) in monthly rental income with an upside potential of another $400/month in raised rent. Both units are fully rented, with each unit offering 3 bedrooms and 1 bath. This makes it a highly desirable rental property, providing steady cash flow for the new owner. The property has been extensively updated in 2022, significantly reducing the buyer’s immediate capital expenditure (CapEx) needs. Major updates include a new roof, new luxury vinyl flooring throughout both units, and updated kitchens and bathrooms with modern finishes. The new AC units and new hot water heater provide additional peace of mind, ensuring that critical systems are up-to-date and functioning efficiently. These updates allow the new owner to benefit from lower maintenance costs and minimal immediate repairs, while also enhancing the property's overall appeal to tenants. Tenants are responsible for all utilities, including electricity, water, and gas, reducing the owner's monthly expenses and further enhancing the property's cash flow potential. With both units currently occupied by reliable tenants, the property is generating consistent rental income, making it a great investment for anyone looking to add a cash-flowing property to their portfolio. The duplex is ideally located near shopping centers, schools, parks, dining options, and major transportation routes, making it attractive to tenants and ensuring long-term rental demand. This is a ready-to-go investment with minimal maintenance required and strong rental income potential. Contact us today to schedule a viewing or to learn more about how this property can start earning for you right away.
Features of 804 12th Street E
| MLS® # | A4629095 |
|---|---|
| Price | $519,999 |
| Sold Price | $477,000 |
| Sold Date | February 7th, 2025 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,944 |
| Acres | 0.19 |
| Year Built | 1981 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Sold |
Listing Details
| Office | FLOTACAL |
|---|
Listing Map
Neighborhood Information for 804 12th Street E
Stable Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Tabernacle Christian School Private - Preschool to 12Th Grade - Closest Elementry School |
0 Miles | |
|
|
Manatee Elementary School Public - Preschool to 5Th Grade |
0 Miles | |
|
|
Manatee Community Action Agency-Head Start Public - Preschool to Preschool |
1 Miles | |
|
Team Success A School Of Excellence Public - Kindergarten to 9Th Grade |
1 Miles | |
|
|
Just For Girls Academy Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Manatee Virtual Instruction Program Public - Kindergarten to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Manatee Virtual Franchise (Etech School Of Manatee) Public - 1St Grade to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools