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1836 SW Harlem CIR Arcadia, FL 34266
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Key Details
Sold Price $358,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Harlem Heights
MLS Listing ID 224046802
Sold Date 12/18/24
Style See Remarks
Bedrooms 8
Full Baths 4
Originating Board Florida Gulf Coast
Year Built 1983
Annual Tax Amount $5,263
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Quadruplex
Property 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!
Location
State FL
County Desoto
Area Oa01 - Out Of Area
Zoning RMF-M
Interior
Heating Central Electric
Cooling Central Electric
Flooring Tile
Window Features Single Hung,Sliding
Exterior
Exterior Feature Room for Pool
Community Features None, Non-Gated
Utilities Available Cable Available
Waterfront Description None
Roof Type Shingle
Street Surface Paved
Private Pool No
Building
Lot Description Oversize
Story 1
Sewer Septic Tank
Water Well
Architectural Style See Remarks
Level or Stories 1 Story/Ranch
Structure Type Concrete Block,Brick,Stucco
New Construction No
Others
Tax ID 01-38-24-0186-0000-0620
Acceptable Financing Buyer Finance/Cash, FHA, VA Loan
Listing Terms Buyer Finance/Cash, FHA, VA Loan
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Bought with FGC Non-MLS Office