SoldDec 18, 2024

Listed by Dave Dettmann

Bought with Non-listing FGC MLS Non-Listing agent

Source: Florida Gulf Coast MLS (Royal Palms) #224046802

1836 Southwest Harlem Circle, Arcadia, FL, 34266

$358,000

8
4
3514 sq. ft.
0.34 ac.

Duplex

•

30+ days on the market

Sold: Dec 18, 2024

What's around 1836 Southwest Harlem Circle

About this property

PRICE REDUCED! LOWEST PRICED QUADRAPLEX IN OUR 5 COUNTY AREA! 2 CONCRETE BLOCK SIDE-BY-SIDE DUPLEXES ON 1 LOT! 4 UNITS TOTAL! FULLY RENTED WITH EXCELLENT RENTAL HISTORY! Built in 1983 & 1988, 1,736 sf & 1,778 sf. All 4 units are 2 bedrooms 1 bathrooms. Units are fully occupied M2M at $700 each for 3 and the 4th one was just re-rented for $950/month so there is a ton of room to do a rent increase!! Both buildings have metal roofs that are in perfect condition. 1 building has a single septic the other has 2 septics. 1 well pump services all four units. Insides of each unit are in decent condition and could use some cosmetic updating but not anything major to retain tenants. Fantastic opportunity! Current rents are month-to-month and are very low for this area. Local rental index shows these units should rent for $1,150-1,200 per side. This is an amazing opportunity to own duplexes at only $210K per building!

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