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Additional details

Brent Ortigoza

brentsellssunshine@gmail.com +1(941) 451-6727

$ 240,000

Est. payment | -/mo

3 Beds

1 Bath

1,083 SqFt

Save Virtual Tour

$ 240,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

1 Bath

1,083 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,083 sqft

Price per Sqft $221

Subdivision A W Gilchrists Sub

MLS Listing ID A4699801

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1962

Annual Tax Amount $2,009

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 100x100

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

**Income-producing investment opportunity in Arcadia, Florida. This tenant-occupied single-family rental is offered exclusively as part of a three-property residential investment portfolio that also includes 408 E Maple St. (MLS #A4700131) and 401 Citrus Ave. (MLS #A4700128). Offered at $805,000, the portfolio generates $68,400 in combined annual gross rental income, representing an 8.50% gross yield. Each property is located on its own tax parcel, providing ownership flexibility and future disposition options. All three properties are fully leased and are being sold subject to the existing leases. Please do not disturb tenants or enter the property without a confirmed appointment. Buyer is responsible for independently verifying all rental income, lease terms, operating expenses, dimensions, zoning, permits, and all other information deemed material during the due diligence period.

Location

State FL

County Desoto

Community A W Gilchrists Sub

Area 34266 - Arcadia

Zoning R-1B

Interior

Interior Features Other

Heating None

Cooling Wall/Window Unit(s)

Flooring Other

Furnishings Unfurnished

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Electricity Available, Other

Water Access No

Roof Type Metal

Exposure South

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4699801

Listed by Rex Glasson DOUGLAS ELLIMAN

Schools and Properties Nearby

Brent Ortigoza

Realtor® | License ID: SL3620480

+1(941) 451-6727 | brentsellssunshine@gmail.com

326 E WHIDDEN ST Arcadia, FL 34266

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Brent Ortigoza

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

326 E WHIDDEN ST