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1956 Southeast Cherry Drive

Southeast Arcadia FL 34266

1875 sq. ft.
85377 sq. ft.
Duplex
Currently for sale - view listing

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!

Features

1875 sq. ft. floor area
85377 sq. ft. lot size
Duplex

Happy sellers in Southeast Arcadia

85%
85% of sellers in Southeast Arcadia reported that their sale price either exceeded or met their price expectations.

Southeast Arcadia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Southeast Arcadia over the last 12 months.

Local market activity for duplexes in Southeast Arcadia

In the last 12 months, 1 duplex similar to 1956 Southeast Cherry Drive, have been sold.

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(619) 566-0008
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