1 of 20
Tools
Size
1,875 Sq Ft.
interior
1.96 Acres
Exterior
Financial
$2,399,000
Change Currency
$1,279
Price Per Sqft
$5,134
Annual taxes
Listing Details
Duplex Homes
Property type
1985
Year Built
4665116
Web Id
C7467851
MLS ID
680
Days Posted
Description
1956 SE Cherry Drive,
Arcadia,
FL
34266
Arcadia, FL 34266
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!
This is an Active listing.
Broker Office Phone Number: 941-336-5400
Copyright © 2024Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 941-336-5400
Copyright © 2024Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Refrigerator
- Metal Roof
Price History
date | price | variance | type |
---|---|---|---|
11/29/2022 | $2,399,000 | - | Listed |
Listing By: SELLSTATE VISION REALTY via Data Source: Stellar MLS
listing agent: Savannah Sheppard