114 N DADE AVE, ARCADIA, FL, 34266
$455,000
Residential Income
|
Bedrooms
7
|
Bathrooms
4
|
Living Area
3,300 Sqft
|
Lot Size
9,714 Sqft
|
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!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRC7510158 | Year Built: | 1930 | |
| Construction Materials: | Vinyl Siding, Frame | Cooling: | Wall/Window Unit(s) | |
| Country: | US | County Or Parish: | DeSoto | |
| Exterior Features: | Balcony, Lighting, Sidewalk | Foundation Details: | Crawlspace | |
| Heating: | None | Laundry Features: | None | |
| Levels: | Two | Listing Agreement: | Exclusive Agency | |
| Listing Terms: | Cash, Conventional | Lot Features: | In County, Landscaped, Sidewalk, Paved | |
| Patio And Porch Features: | Front Porch, Rear Porch, Side Porch | Possession: | Close Of Escrow | |
| Property Condition: | Completed | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt, Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Call Before Showing, Do Not Contact Tenants, Lock Box Electronic, See Remarks, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity | Utilities: | BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected | |
| View: | Trees/Woods | Water Source: | Public | |
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