401 CITRUS AVENUE, ARCADIA, FL 34266
$310,000 · Active
MLS #A4700128
- Price
- $310,000
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,248 sq ft
- Home type
- Single Family Residence
- Year built
- 1984
- Lot size
- 0.11 acres
- Full bathrooms
- 2
- Half bathrooms
- 0
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- Levels
- One
- County
- DeSoto
- Annual property taxes
- $1,872.59
- Subdivision
- A W GILCHRISTS SUB
- Appliances & Equipment
- Microwave · Range · Refrigerator
- Bathrooms
- 2 total bathrooms · 2 full bathrooms
- Bedrooms
- 4 total bedrooms
- Building
- Built in 1984 · Living area: 1248 · Living area units: Square Feet · Building faces Southwest · 1 storey · Levels: One · Construction Materials: Frame
- Cooling
- Wall/Window Unit(s)
- Floors
- Vinyl
- Foundation
- Slab
- Heating
- None
- Laundry
- Washer Hookup
- Lot
- 0.12 acres
- Roof
- Shingle
- Sewer
- Public Sewer
- Utilities
- Electricity Connected · Water Source: Public
About this home
Income-producing investment property in Arcadia, Florida. This fully leased, tenant-occupied single-family rental home is offered exclusively as part of a three-property residential investment portfolio, which also includes 326 E. Whidden St. (MLS #A4699801) and 408 E. Maple St. (MLS #A4700131). Offered at $805,000, the portfolio generates $68,400 in annual gross rental income with an 8.50% gross yield. Each property is situated on its own tax parcel, providing flexibility for future ownership, financing, or disposition strategies. An outstanding opportunity for investors seeking a stabilized rental portfolio, cash-flowing real estate, long-term rental income, or a Florida investment property. All properties are being sold subject to existing leases. Please do not disturb tenants or enter the property without a confirmed appointment. Buyer shall independently verify all rental income, lease terms, operating expenses, square footage, dimensions, zoning, permits, condition, and all other information deemed material during the due diligence period.
Courtesy of DOUGLAS ELLIMAN 941-867-6199
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.