$2,399,000 $48K Cash Back*
$1,279.47/sf

Phone: 786-465-5733

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Overview:

5 INCOME DUPLEX with 10 TOTAL UNITS, almost 2 ACRES OF LAND, in the GREAT COMMUNITY of FOREST PINE ESTATES! This profitable rental property is FULLY LEASED. All units have a Range, Refrigerator, and Microwave along with central air conditioning. Tenants are responsible for electricity, general maintenance, and water. Three of the five duplexes were built in 2015. Even more, the two duplexes built in 1985 have newer METAL ROOFS plus the vacant land behind the 2 duplexes is cleared and is perfectly buildable land. Both properties are in excellent condition with city water, but NO CITY TAXES. The property is close to great schools, and near town with the best shopping and entertainment that Arcadia has to offer. A full breakdown of property tax, insurance, and income is attached to the listing! This property currently has a cap rate of almost 8%. This is a PHENOMENAL INVESTMENT OPPORTUNITY! Schedule your showing today!

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MLS #: C7467851

Facts:

  • Type: Multi Family

  • Built in: 1985

  • APN: 06-38-25-0120-00G0-0030

  • Lot size: 1.96 Acres

* Refunds vary by closing price, commission proposed and negotiation process. Discover more on our Terms & Conditions.

Next Open house:

 

 

 

2%
Cash Back

Buy with beycome and get
$48K cash back*

*Estimated beycome credit amount varies by closing price, commission offered and is not available in certain areas or where prohibited by law.

Score:

multi-family-arcadia-for-sale-1956 se cherry drive, arcadia, fl 34266-13968706

Schedule a tour

Phone: 786-465-5733

Request information

Phone: 786-465-5733