$399,000
Pending

1836 SW Harlem Circle

Arcadia, FL 34266
8 beds | 4 baths | 0.34 acres | #224046802
Browse 50 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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!

  • Property Details
      • Utility FeaturesCableAvailable
      • SubdivisionHARLEM HEIGHTS
      • Lot DescriptionOversizedLot
      • Property TypeMulti-Family
      • Exterior MaterialsRoomForPool
      • Sewer InformationSepticTank
      • MLS #224046802
      • MLS #224046802
      • Original List Price$450,000
      • CountyDesoto
      • Taxes Annual$5,263
      • Cost399000
      • Property SubtypeDuplex
      • Acres0.34
      • Year Built1983
      • Utility SourceWell
      • PetsYes
      • Bedrooms8
      • Bathrooms4
      • Full Baths4

Location

Darren GreeneReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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