401 Citrus Avenue, Arcadia, FL 34266
- $310,000
- 4
- BD
- 2
- BA
- 1,248
- SqFt
- 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 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 326 E. Whidden St. (MLS #A4699801) and 408 E. Maple St. (MLS #A4700131). 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.
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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