PRICE REDUCED! LOWEST PRICED QUADRAPLEX IN OUR 5 COUNTY AREA! 2 CONCRETE BLOCK SIDE-BY-SIDE DUPLEXES ON 1 LOT! 4 UNITS TOTAL! FULLY RENTED WITH EXCELLENT RENTAL HISTORY! Built in 1983 & 1988, 1,736 sf & 1,778 sf. All 4 units are 2 bedrooms 1 bathrooms. Units are fully occupied M2M at $700 each for 3, and one at $900, so there is lots of room to do a rent increase!! Both have metal roofs. 1 building has a single septic the other has 2 septics. 1 well services all four units. Units are in good condition. Fantastic opportunity! Current rents are month-to-month and are very low for this area. Local rental index shows these units should rent for $1,200 side. This is an amazing opportunity!
The median home value in Arcadia, FL is $285,000. This is higher than the county median home value of $239,400. The national median home value is $338,100. The average price of homes sold in Arcadia, FL is $285,000. Approximately 47.32% of Arcadia homes are owned, compared to 39.98% rented, while 12.7% are vacant. Arcadia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Arcadia real estate agent to arrange a tour today!
Arcadia, Florida has a population of 7,460. Arcadia is more family-centric than the surrounding county with 28.68% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in Arcadia, Florida is $27,869. The median household income for the surrounding county is $39,945 compared to the national median of $69,021. The median age of people living in Arcadia is 34.6 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 51.7 inches per year, with 0 inches of snow per year.