1836 SW Harlem CIR Pending

Arcadia,FL 34266

$ 399000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Harlem Heights

MLS Listing ID 224046802

Style See Remarks

Bedrooms 8

Full Baths 4

Originating Board Florida Gulf Coast

Year Built 1983

Annual Tax Amount $5,263

Tax Year 2023

Lot Size 0.340 Acres

Acres 0.34

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 for 3 and the 4th one was just re-rented for $950/month so there is a ton of room to do a rent increase!! Both buildings 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 of each unit are in decent condition and could use some cosmetic updating but not anything major 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 $1,150-1,200 per side. This is an amazing opportunity to own duplexes at only $210K per building!

Location

State FL

County Desoto

Area Oa01 - Out Of Area

Zoning RMF-M

Interior

Heating Central Electric

Cooling Central Electric

Flooring Tile

Window Features Single Hung,Sliding

Exterior

Exterior Feature Room for Pool

Community Features None,Non-Gated

Utilities Available Cable Available

Waterfront Description None

Roof Type Shingle

Street Surface Paved

Private Pool No

Building

Lot Description Oversize

Story 1

Sewer Septic Tank

Water Well

Architectural Style See Remarks

Level or Stories 1 Story/Ranch

Structure Type Concrete Block,Brick,Stucco

New Construction No

Others

Tax ID 01-38-24-0186-0000-0620

Acceptable Financing Buyer Finance/Cash,FHA,VA Loan

Listing Terms Buyer Finance/Cash,FHA,VA Loan

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