1870 SW PAX DUCES DR Pending

Arcadia,FL 34266

$ 499000

0 Bed

0 Bath

5402 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 5,402 sqft

Price per Sqft $92

Subdivision Resub Mira Silva

MLS Listing ID C7508735

Year Built 1955

Annual Tax Amount $8,260

Lot Size 1.680 Acres

Property Sub-Type Quadruplex

New Construction false

Property Description

Under contract-accepting backup offers. 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.

Location

State FL

County Desoto

Community Resub Mira Silva

Area 34266 - Arcadia

Zoning FMF6

Interior

Heating Central

Cooling Central Air

Laundry None

Exterior

Exterior Feature Private Mailbox

Utilities Available Cable Available,Electricity Connected

Roof Type Metal,Shingle

Building

Foundation Slab

Sewer Septic Tank

Water Well

Structure Type Block

New Construction false

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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