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. 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!
Financial Considerations
Price:
$455,000
HOA Fee:
N/A
Tax Amount:
$3446.31
Price per SqFt:
$137.88
Tax Legal Description:
DAUGHTREYS ADD TO ARCADIA BEG SW COR LOT 27 TH E // WITH HICKORY ST 100 FT TH N 80 FT // TO DADE AV TH W 30 FT // TO HICKORY ST TH N 10 FT // TO DADE AV TH W 70 FT // TO HICKORY ST TH S 90 FT ALG E LI DADE AVE TO POB BEING PART OF LOT 27 BLK 13 DAUGH TREYS ADD & ALSO BEG AT SW COR LOT 27 TH ELY 100 FT // WITH HICKORY ST TH NLY 80 FT // WITH DADE AVE FOR POB TH WLY // WITH HICKORY ST 30 FT TH NLY // WITH DADE AVE 10 FT TH ELY // WITH HICKORY ST 30 FT TH SLY // WITH DADE AVE 10 FT TO POB OR 275/52 7 OR 365/423 INST:202114001431