$650,000
$799,950
18.7%For more information regarding the value of a property, please contact us for a free consultation.
304/308/312 PROVIDENCE ST Arcadia, FL 34266
5,395 SqFt
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
Waterfront false
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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Bought with THE WILLIAMSON GROUP REALTY, I