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    523 E Oak Street

    Arcadia, FL 34266
    • $199,900
    • STATUS: Pending
    • ON SITE: 8 days
    • MLS #: A4499649
    Pending
    UPDATED: 86 min ago
    $199,900
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,187
      SQFT
    • $91
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:
    Area:

    School Information

    Elementary School:
    Middle School:

    Description

    INVESTMENT OPPORTUNITY WITH A GREAT RENTAL RETURN!! The hard work here is done with all three rental units move in ready! The possibilities are endless, you could live in one unit and have 2 other rentals or just rent out all 3 units. The main house is set up as a Duplex right now with a 1 bedroom 1 bath unit (rented) with updated flooring and bathroom and a 2 bedroom 1 bath (rented) unit on the other side that has new kitchen, updated bath and beautifully finished floors. There is a massive attic area for storage or potential to be finished into a fourth rental- studio apartment style. The detached 2 car garage is currently being used for storage and has a 3rd unit above it with 1 bedroom and 1 bath refinished and being rented out as an Airbnb! The house has a metal roof, has been re-wired and has new plumbing. There is a large parking pad behind the home and several additional parking spots just off the road in front of the garage. The rentals offer shared laundry for all three units to access. Some furnishing will come with the rentals and owner financing is a possibility. Current rental rates are 1/1-$30 per night, 2/1-$45 per night, 1/1-Carriage House-$70 per night for the first 7 nights, reduced to $40 for longer stays and $100 cleaning fee. The Carriage House is one of two advertised Airbnbs in Arcadia and is typically booked full several months in advance!

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-05-12T19:40:01.527.
    www.memoryhopkinsrealestate.com/homes/116706096
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    523 E Oak Street Arcadia, FL 34266

    • Price: $199,900
    • Status: Pending
    • Updated: 86 min ago
    • MLS #: A4499649
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,187
    SQFT
    $91
    $/SQFT
    1942
    Built
    Neighborhood:
    Town/Arcadia
    County:
    Desoto
    Area:
    Arcadia
    Elementary School:
    Memorial Elementary School
    Middle School:
    Desoto Middle School
    High School:
    Desoto County High School
    Property Description
    INVESTMENT OPPORTUNITY WITH A GREAT RENTAL RETURN!! The hard work here is done with all three rental units move in ready! The possibilities are endless, you could live in one unit and have 2 other rentals or just rent out all 3 units. The main house is set up as a Duplex right now with a 1 bedroom 1 bath unit (rented) with updated flooring and bathroom and a 2 bedroom 1 bath (rented) unit on the other side that has new kitchen, updated bath and beautifully finished floors. There is a massive attic area for storage or potential to be finished into a fourth rental- studio apartment style. The detached 2 car garage is currently being used for storage and has a 3rd unit above it with 1 bedroom and 1 bath refinished and being rented out as an Airbnb! The house has a metal roof, has been re-wired and has new plumbing. There is a large parking pad behind the home and several additional parking spots just off the road in front of the garage. The rentals offer shared laundry for all three units to access. Some furnishing will come with the rentals and owner financing is a possibility. Current rental rates are 1/1-$30 per night, 2/1-$45 per night, 1/1-Carriage House-$70 per night for the first 7 nights, reduced to $40 for longer stays and $100 cleaning fee. The Carriage House is one of two advertised Airbnbs in Arcadia and is typically booked full several months in advance!
    Exterior Features

    Attached Garage Yn No Carport Yn No Construction Materials Asbestos Exterior Features French DoorsRain Gutters Foundation Details CrawlspaceStem Wall Lot Features Corner LotOversized LotStreet Paved Lot Size Dimensions 75X145 Parking Features Garage Faces RearGarage Faces SideGuestParking Pad Patio And Porch Features DeckPatioPorch Pool Private Yn No Roof Metal Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Additional Rooms Attic Appliances RangeRefrigerator Cooling Wall/Window Unit(S)Zoned Fireplace Yn Yes Flooring CarpetLaminateLinoleum Furnished Furnished Or Unfurnished Heating Wall Units / Window Unit Levels One Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 21000.00 Association Approval Required Yn No Association Fee Requirement None Association Yn No Available For Lease Yn Yes Cdd Yn No Disclosures Lead PaintSeller Property Disclosure DPR Yes Flood Zone Code X Garage Yn Yes Homestead Yn No Listing Terms CashConventionalPrivate Financing AvailableVa Loan Minimum Lease No Minimum New Construction Yn No Property Sub Type Triplex Realtor Info SignSold As-Is Senior Community Yn No Special Listing Conditions None Tax Annual Amount 2539.00 Tax Year 2020 Total Actual Rent 2700 Total Num Buildings 2 Utilities Public Yrs Of Owner Prior To Leasing Re No Zoning R-3


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Town & Country Properties Of Fl.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-05-12T19:40:01.527.
     
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    St. Augustine FL, 32084