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Property Attributes
- MLS#224046802
- TypeMulti-Family
- CountyDESOTO
- CityArcadia
- AreaOA01 - Out of Area
- NeighborhoodHARLEM HEIGHTS
- Zip34266
- StyleDuplex
- Year Built1983
- Taxes$ 5263
- Price$ 429,900
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3514
- Lot Size0.34 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description
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 so there is room to do a rent increase!! Both have metal roofs that are in perfect condition. 1 building has a single septic the other has 2 septics. 1 well pump services all four units. Insides are in OK shape and could use some updating but not anything necessary to retain tenants. Fantastic opportunity! Current rents are month-to-month and are very low for this area. Local rental index shows these units should rent for $950-1,050 per side. Owner is out-of-state and just wants this sold.
Price History | |
---|---|
5/28/2024 | Listed $450,000 |
6/15/2024 | 3% - $439,900 |
6/21/2024 | 3% - $429,900 |
General Features
Sewer | SepticTank |
---|---|
Heating | Central,Electric |
Cooling | CentralAir,Electric |
Utilities | CableAvailable |
Possession | CloseOfEscrow |
Roof | Shingle |
Exterior Features | RoomForPool |
HOA | 0.0 |
Architectural Style | Other,Ranch,OneStory,Duplex |
Construction Materials | Brick,Block,Concrete,Stucco |
Pets Allowed | Yes |
Year Built | 1983 |
Tenant Pays | Electricity |
Stories | 1 |
Property SubType | Duplex |
Tax Year | 2023 |
Waterfront Features | None |
Community Features | NonGated |
County | Desoto |
Net Operating Income | 0.0 |
Operating Expense | 0.0 |
New Construction | No |
Property Type | ResidentialIncome |
Association Amenities | None |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | HARLEM HEIGHTS |
Garage Y/N | No |
Status | Active |
City | ARCADIA |
Disclosures | OwnerIsListingAgent |
Land Lease Amount | 0.0 |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | RMF-M |
NumberOfUnitsTotal | 1 |
MLS Area | OA01 - Out of Area |
Lot Size Units | Acres |
Waterfront Y/N | No |
Carport Y/N | No |
Property Attached Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 5263.1 |
Home Warranty Y/N | No |
Property Condition | Resale |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Days on Market | 24 |
Structure Type | Quadruplex,Duplex |
Standard Status | Active |
Tax Lot | 62 |
Property Sub Type Additional | Duplex,Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | ARCADIA |
Legal Description | HARLEM HEIGHTS LOTS 62 & 63 OR 15/463 INST:201814003995 INST:202014003607 |
Condo Fee | 0.0 |
Interior Features
Flooring | Tile |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | SingleHung,Sliding |
Fireplace Y/N | No |
Full Baths | 4 |
Total Bedrooms | 8 |
Electric On Property Y/N | No |
Total Baths | 4 |
Exterior Features
Lot Features | OversizedLot |
---|---|
Water Source | Well |
Lot Size Area | 0.34 |
Horses | No |
Number of Buildings | 2 |
Spa | No |
Irrigation/Water Rights | No |
Building Area Total | 3514.0 |
Lot Dimensions | 120 x 125 x 120 x 125 |
Lot Size Acres | 0.34 |
Road Surface Type | Paved |
Lot Size Source | Appraiser |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Road Responsibility | PublicMaintainedRoad |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
LotDimensionsSource | Appraiser |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool