$455,000
Active · 111 days on market · MLS# MFRC7510158
| Bedrooms | 7 |
|---|---|
| Living area | 3,300 sq ft |
| Lot size | 0.22 acres |
| Year built | 1930 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $3,446 |
| County | DeSoto |
BACK ON THE MARKET DUE TO BUYERS FINANCING AND NO FAULT OF THE HOME. Excellent opportunity to own a cash-flowing Quadraplex in the heart of Arcadia! This multi-family property features four fully occupied units, all on month-to-month leases, offering IMMEDIATE RENTAL INCOME and future flexibility for rent adjustments, renovations, or converting to long-term leases. UNIT BREAKDOWN: Unit A: 2 Bed / 1 Bath - Unit B: 1 Bed / 1 Bath - Unit C: 1 Bed / 1 Bath - Unit D: 3 Bed / 1 Bath. Total Monthly Rental Income for ALL UNITS is $4,625, making it an annual grand total of $55,500. CENTRALLY LOCATED – close to Downtown Arcadia, shopping, schools, and just 30 minutes to Punta Gorda. Perfect for buy-and-hold investors seeking dependable returns, or value-add buyers looking for upside in a stable rental market. Don’t miss this opportunity to invest in a high-performing asset in Arcadia's growing rental market. Contact us today for rent rolls, expenses, and a private showing!
Listing courtesy of Piera Archilla, KW PEACE RIVER PARTNERS. Presented by MC Homes Realty Inc · 727432218.