1870 SW PAX DUCES DR, ARCADIA, FL, 34266
$499,000
Residential Income
|
Living Area
5,402 Sqft
|
Lot Size
66,487 Sqft
|
Prime Investment Opportunity – 5-Unit Multifamily Property with Strong Cash Flow! This income-generating property features a duplex and a triplex, offering a total of five fully rented units: (1) 3-bedroom, 1-bath unit (2) 2-bedroom, 1-bath units (2) 1-bedroom, 1-bath units.
Located just minutes from Arcadia and a short drive to Port Charlotte and Punta Gorda, tenants enjoy easy access to Southwest Florida’s best boating, fishing, and camping, while the investor enjoys a steady, reliable income stream. Financial Highlights:
Gross annual rental income: $69,000 Net annual income: $47,500. Well-maintained units with strong rental history. Serviced AC units (bi-annually) Septic recently pumped and certified. With low operating costs and high demand for rentals in the area, this property is an excellent addition to any investor’s portfolio. The units are in good condition, and the location continues to attract long-term tenants looking for peace, space, and proximity to the coast. Excellent cash flow, low maintenance, and a great location — this is an investment you won’t want to miss! tenants are responsible for pest control - no animals. Schedule your showing today.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRC7508735 | Year Built: | 1955 | |
| Appliances: | Range, Refrigerator | Construction Materials: | Block | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | DeSoto | Exterior Features: | Private Mailbox | |
| Financial Data Source: | Owner | Foundation Details: | Slab | |
| Furnished: | Unfurnished | Heating: | Central | |
| Laundry Features: | None | Lease Term: | Twelve Months | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Occupant Type: | Tenant | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Metal, Shingle | Sewer: | Septic Tank | |
| Showing Requirements: | Appointment Only, Call Listing Agent | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Available, Electricity Connected | Water Source: | Well | |
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