1870 Pax Duces Drive, ARCADIA, FL 34266
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Priced at Only: $499,000
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Address: 1870 Pax Duces Drive, ARCADIA, FL 34266
Property Location and Similar Properties
- MLS#: C7508735 ( Residential Income )
- Street Address: 1870 Pax Duces Drive
- Viewed: 2
- Price: $499,000
- Price sqft: $69
- Waterfront: No
- Year Built: 1955
- Bldg sqft: 7184
- Days On Market: 7
- Additional Information
- Geolocation: 27.1796 / -81.873
- County: DESOTO
- City: ARCADIA
- Zipcode: 34266
- Subdivision: Resub Mira Silva
- Provided by: RE/MAX PALM PCS
- Contact: Ann Bursa
- 941-889-7654
- DMCA Notice
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DescriptionPrime Investment Opportunity 5 Unit Multifamily Property with Strong Cash Flow! This income generating property features a duplex and a triplex, offering a total of five fully rented units: (1) 3 bedroom, 1 bath unit (2) 2 bedroom, 1 bath units (2) 1 bedroom, 1 bath units. Located just minutes from Arcadia and a short drive to Port Charlotte and Punta Gorda, tenants enjoy easy access to Southwest Floridas best boating, fishing, and camping, while the investor enjoys a steady, reliable income stream. Financial Highlights: Gross annual rental income: $69,000 Net annual income: $47,500. Well maintained units with strong rental history. Serviced AC units (bi annually) Septic recently pumped and certified. With low operating costs and high demand for rentals in the area, this property is an excellent addition to any investors portfolio. The units are in good condition, and the location continues to attract long term tenants looking for peace, space, and proximity to the coast. Excellent cash flow, low maintenance, and a great location this is an investment you wont want to miss! tenants are responsible for pest control no animals. Schedule your showing today.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Private Mailbox
- Living Area: 5402.00
- Roof: Metal, Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Well
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Septic Tank
- Utilities: Cable Available, Electricity Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Appliances: Range, Refrigerator
- Country: US
- Furnished: Unfurnished
- Interior Features: Ceiling Fans(s)
- Legal Description: RESUB MIRA SILVA LOT 5 BLK 4 LESS & EXCEPT COMM AT NW COR OF SEC 13 TH ALG N LI OF SEC 13 S 89D11M34S E A DIST OF 1101.16 FT TO BASE LI TH ALG BASE LI S 18D57M31S W A DIST OF 21.05 FT TH N 89D 11M34S W A DIST OF 34.73 FT TO INT NLY R/W STATE RD 35 & S R/W LI OF LOS PINOS RD & N LI OF LOT 5 FOR POB TH ALG NLY R/W S 18D57M31S W A DIST OF 20.60 FT TH N 56D40M33S W A DIST OF 27.12 FT TH N 89D11M34 S W A DIST OF 19.42 FT TH N 00 D00M00S W A DIST OF 5.00 FT TO S R/W LOS PINOS DR & N LI OF LOT 5 TH ALG S R/W & N LI S 89D11M34S E A DIST OF 48.78 FT TO POB INST:201414005657 INST:202014003326
- Area Major: 34266 - Arcadia
- Occupant Type: Tenant
- Parcel Number: 13-38-24-0230-0040-0050
- Zoning Code: FMF6
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- The Dial Team
- Tropic Shores Realty
- Love Life
- Mobile: 561.201.4476
- dennisdialsells@gmail.com