Courtesy: DAVE DETTMANN & CO.
239-728-4016
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!
Courtesy: SELLSTATE VISION REALTY
941-336-5400
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 is located in Florida. Arcadia, Florida has a population of 7,774. Arcadia is more family-centric than the surrounding county with 33.53% 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 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 is 33.7 years.
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.
