Active

$310,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1248 sq ft
Overview
  • ID: MFRA4700128
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1248 sq ft
Property Details
Remarks
**Income-producing investment opportunity in Arcadia, Florida. This tenant-occupied single-family rental is offered exclusively as part of a three-property residential investment portfolio that also includes 326 E. Whidden St. (MLS #A4699801) and 408 E. Maple St. (MLS #A4700131). Offered at $805,000, the portfolio generates $68,400 in combined annual gross rental income, representing an 8.50% gross yield. Each property is located on its own tax parcel, providing ownership flexibility and future disposition options. All three properties are fully leased and are being sold subject to the existing leases. Please do not disturb tenants or enter the property without a confirmed appointment. Buyer is responsible for independently verifying all rental income, lease terms, operating expenses, dimensions, zoning, permits, and all other information deemed material during the due diligence period.
Financial Considerations
Price:
$310,000
HOA Fee:
N/A
Tax Amount:
$1872.59
Price per SqFt:
$248.4
Tax Legal Description:
A W GILCHRISTS SUB OF SE1/4 OF NW1/4 ALL FRAC BLK R LESS LOT 2
Exterior Features
Lot Size:
5009
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
None
Cooling:
Wall/Window Unit(s)
Appliances:
Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1984
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
Buyer and Buyer's Broker to verify all lease restrictions, rental regulations, zoning, licensing requirements, and association/government restrictions, if applicable.
Map
  • Address
    401 CITRUS AVE
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