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About this home
6116 10th St E is a 1979-built home in Cayman Too, Bradenton. Inside you'll find 6 bedrooms, 4 bathrooms, and 1,992 square feet of living space. Listed at $490,000 (about $246/sqft), 6 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
INVESTOR OPPORTUNITY • $4,515 MONTHLY RENTAL INCOME • UPDATED DUPLEX • NEW ROOF 2022 • CLOSE TO THE 1% RULE! Looking for an income-producing property that makes financial sense? This updated Bradenton duplex offers an attractive opportunity for investors seeking immediate cash flow, established tenants, and long-term investment potential. Offered at $490,000 and currently generating $4,515 per month in rental income ($54,180 annually), this property comes remarkably close to the popular 1% rule—an increasingly challenging benchmark for investors seeking income-producing real estate. Both units are currently occupied by long-term tenants who would love to stay, offering the new owner the opportunity to step into an established rental property with income already in place. EACH UNIT FEATURES 3 BEDROOMS, 2 FULL BATHROOMS, AN INSIDE LAUNDRY ROOM, AND A DESIRABLE SPLIT-BEDROOM FLOOR PLAN. Both sides have been updated, making the property attractive to tenants while helping minimize the need for immediate improvements. A NEW ROOF INSTALLED IN 2022 adds even more value and peace of mind. For the numbers-driven investor, this property offers a gross rental yield of approximately 11.1% at the asking price, before operating expenses. With two income-producing units, established tenants, and major improvements already completed, this duplex deserves serious consideration for any investment portfolio. And the possibilities don't stop there! For buyers looking to combine homeownership with rental income, this property offers an excellent HOUSE-HACKING OPPORTUNITY. Subject to existing lease terms, live in one unit while renting the other to help offset your mortgage payment and build equity. Whether you're expanding an existing rental portfolio, purchasing your first investment property, or planning for future owner occupancy, this duplex offers flexibility, income potential, and an attractive entry into multifamily investing. TWO UPDATED UNITS. ESTABLISHED RENTAL INCOME. ONE SMART INVESTMENT OPPORTUNITY. Schedule your showing today!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$490,000
$246 per sq ft
Beds and baths
6 beds, 4 baths
Size
1,992 sq ft
Time on market
6 days
Year built
1979
Monthly payment
About $3,274/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,677 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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