FloridaArcadia1956 SE Cherry DRIVE

1956 SE Cherry DRIVE
1956 SE Cherry DRIVE Arcadia, Florida 34266 United States

$2,399,000
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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....

SELLSTATE VISION REALTY

Listing Courtesy of SELLSTATE VISION REALTY
$2,399,000
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Annual taxes :
$5,134
1.96 Acres
Exterior
Residential Income
Property type
1985
Year Built
C7467851
Web Id
C7467851
MLS ID
FOREST PINE ESTATES
Subdivision
DeSoto County
School District
Memorial Elementary School
Elementary
Desoto Middle School
Middle
Desoto County High School
High
$5,134
Annual taxes

About 1956 SE Cherry DRIVE

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!

Source : MFRMLS DBA Stellar MLS

Listing Courtesy of SELLSTATE VISION REALTY

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Amenities

  • Refrigerator

features

cooling
Central Air

PROPERTY INFORMATION

Appliances
Microwave, Range, Refrigerator
Cooling
Central Air
Heating
Central
Sewer
Septic Tank
Water
False

EXTERIOR

Construction
Wood Frame
Exterior Features
Lighting
Roofing
Metal, Shingle

INTERIOR

Interior Features
Primary Bedroom Main Floor, Thermostat

ADDITIONAL INFORMATION

Number of Units
10
Listing Courtesy of SELLSTATE VISION REALTY

SELLSTATE VISION REALTY

Listing Courtesy of SELLSTATE VISION REALTY
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