401 Citrus Avenue, Arcadia, FL 34266

$310,000
4
BD
2
BA
1,248
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$310,000
MLS#
A4700128
Bedrooms
4
Bathrooms
2
Sq. Ft
1,248
Lot Size
5,009
Subtype
Single Family
County
Desoto
Community
No Deed Restriction
Subdivision
A W Gilchrists Sub
Region
Arcadia
Year Built
1984

Property Description

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.

Additional Information

Heating
None
Cooling
Wall/Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Other
Construction
Frame
Living Area
1,248

Listing courtesy of DOUGLAS ELLIMAN. Contact: 941-867-6199

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks