Active

$255,000

Features:
  • 5 Bedrooms
  • 2 Bathrooms
  • 1281 sq ft
Overview
  • ID: MFRA4700131
  • Bedrooms: 5
  • Bathrooms: 2
  • Size: 1281 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 401 Citrus Ave. (MLS #A4700128). 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:
$255,000
HOA Fee:
N/A
Tax Amount:
$2313.73
Price per SqFt:
$199.06
Tax Legal Description:
TOWN OF ARCADIA O S E1/2 LOT I RESUB LOTS 1 2 3 4 8 9 & 10 BLK 15 SEC 31-37-25 OR 536/2439 OR 538/524
Exterior Features
Lot Size:
7057
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
2
Heating:
None
Cooling:
Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Epoxy
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1958
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
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
    408 E MAPLE ST
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