Active

$499,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 5402 sq ft
Overview
  • ID: MFRC7508735
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 5402 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$499,000
HOA Fee:
N/A
Tax Amount:
$8260.41
Price per SqFt:
$92.37
Tax Legal Description:
RESUB MIRA SILVA LOT 5 BLK 4 LESS & EXCEPT COMM AT NW COR OF SEC 13 TH ALG N LI OF SEC 13 S 89D11M34S E A DIST OF 1101.16 FT TO BASE LI TH ALG BASE LI S 18D57M31S W A DIST OF 21.05 FT TH N 89D 11M34S W A DIST OF 34.73 FT TO INT NLY R/W STATE RD 35 & S R/W LI OF LOS PINOS RD & N LI OF LOT 5 FOR POB TH ALG NLY R/W S 18D57M31S W A DIST OF 20.60 FT TH N 56D40M33S W A DIST OF 27.12 FT TH N 89D11M34 S W A DIST OF 19.42 FT TH N 00 D00M00S W A DIST OF 5.00 FT TO S R/W LOS PINOS DR & N LI OF LOT 5 TH ALG S R/W & N LI S 89D11M34S E A DIST OF 48.78 FT TO POB INST:201414005657 INST:202014003326
Exterior Features
Lot Size:
66487
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1955
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    1870 SW PAX DUCES DR
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