304/308/312 PROVIDENCE ST, Arcadia, FL 34266

$650,000

Est. payment -/mo

$799,950

18.7%

Est.Price: ?

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5,395 SqFt

SOLD DATE : 11/30/2021

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,395 sqft

Price per Sqft $120

Subdivision Ridgewood Sub

MLS Listing ID A4512820

Sold Date 11/30/21

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Year Built 2013

Annual Tax Amount $2,910

Lot Size 0.920 Acres

Acres 0.92

Property Description

Take advantage of this incredible and unique investment opportunity. Three Adjacent duplexes located in the Heart of Arcadia. All units are currently rented and have a history of near 100% occupancy! Average rental income per unit is $850-1000 per month. There are 6 total rental units. 4 units offer 3 bedrooms and 2 bathrooms, and 2 of the units offer 3 bedrooms and 1 bathroom. All units include kitchen appliances and washer and dryers. The owner/builder of these complexes built them with low maintenance and minimal holding costs in mind. The walls are constructed with solid 6” poured concrete, able to withstand 300 mph winds, pair that with the metal roofing, which allows for lower insurance costs. The interior has upgrades as well, such as granite counter tops and wood cabinetry in the kitchens. There is a total of 3 separate parcels included in this sale.

Location

State FL

County Desoto

Community Ridgewood Sub

Zoning R-1B

Interior

Interior Features Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters

Heating Central

Cooling Central Air

Flooring Concrete, Other

Furnishings Unfurnished

Fireplace false

Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Laundry Room

Exterior

Exterior Feature Other

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water - Multiple Meters, Water Connected

View Park/Greenbelt

Roof Type Metal

Garage false

Private Pool No

Building

Lot Description Level, Paved

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Concrete,Stucco

New Construction false

Construction Status Appraisal,Financing,Inspections

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by TOWN & COUNTRY PROPERTIES OF FL
Bought with THE WILLIAMSON GROUP REALTY, I

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com