Arcadia FL Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1988
- Baths:
- 4.00
- MLS#:
- C7493970
- Subdivision:
- Harlem Heights
View additional info
Courtesy: DAVE DETTMANN & CO.
239-728-4016
Dave Dettmann
ADDITIONAL INFORMATION
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!
$2,399,000
1956 SE Cherry Drive Arcadia, FL 34266
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2 Acres
- Year built:
- 1985
- Baths:
- MLS#:
- C7467851
- Subdivision:
- Forest Pine Estates
View additional info
Courtesy: SELLSTATE VISION REALTY
941-336-5400
Savannah Sheppard
ADDITIONAL INFORMATION
5 INCOME DUPLEX with 10 TOTAL UNITS, almost 2 ACRES OF LAND, in the GREAT COMMUNITY of FOREST PINE ESTATES! This profitable rental property is FULLY LEASED. All units have a Range, Refrigerator, and Microwave along with central air conditioning. Tenants are responsible for electricity, general maintenance, and water. Three of the five duplexes were built in 2015. Even more, the two duplexes built in 1985 have newer METAL ROOFS plus the vacant land behind the 2 duplexes is cleared and is perfectly buildable land. Both properties are in excellent condition with city water, but NO CITY TAXES. The property is close to great schools, and near town with the best shopping and entertainment that Arcadia has to offer. A full breakdown of property tax, insurance, and income is attached to the listing! This property currently has a cap rate of almost 8%. This is a PHENOMENAL INVESTMENT OPPORTUNITY! Schedule your showing today!
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Arcadia Real Estate
The median home value in Arcadia, FL is $122,300. This is lower than the county median home value of $125,000. The national median home value is $219,700. The average price of homes sold in Arcadia, FL is $122,300. Approximately 48.69% of Arcadia homes are owned, compared to 36.04% rented, while 15.27% 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 34266 has a population of 7,774. Arcadia 34266 is less family-centric than the surrounding county with 22.42% of the households containing married families with children. The county average for households married with children is 29.48%.
The median household income in Arcadia, Florida 34266 is $28,338. The median household income for the surrounding county is $35,435 compared to the national median of $57,652. The median age of people living in Arcadia 34266 is 33.7 years.
Arcadia Weather
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 47 degrees. The average rainfall is approximately 52.4 inches per year, with 0 inches of snow per year.