Arcadia, FL 34266,523 E OAK ST
Arcadia, FL 34266,523 E OAK ST
Arcadia, FL 34266,523 E OAK ST
67
$206,500
$199,900
3.3%
Est.Price: ?

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2,187 SqFt

523 E OAK ST Arcadia, FL 34266

Est. payment /mo
SOLD DATE : 10/18/2021

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Key Details

Sold Price $206,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,187 sqft

Price per Sqft $94

Subdivision Town/Arcadia

MLS Listing ID A4499649

Sold Date 10/18/21

Construction Status Inspections

HOA Y/N No

Year Built 1942

Annual Tax Amount $2,539

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 75x145

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 Airbnb's in Arcadia and is typically booked full several months in advance!

Location

State FL

County Desoto

Community Town/Arcadia

Zoning R-3

Rooms

Other Rooms Attic

Interior

Interior Features Window Treatments

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s), Zoned

Flooring Carpet, Laminate, Linoleum

Furnishings Negotiable

Fireplace true

Appliance Range, Refrigerator

Exterior

Exterior Feature French Doors, Rain Gutters

Parking Features Garage Faces Rear, Garage Faces Side, Guest, Parking Pad

Garage Spaces 2.0

Utilities Available Public

Roof Type Metal

Porch Deck, Patio, Porch

Attached Garage false

Garage true

Private Pool No

Building

Lot Description Corner Lot, Oversized Lot, Paved

Entry Level One

Foundation Crawlspace, Stem Wall

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Asbestos

New Construction false

Construction Status Inspections

Schools

Elementary Schools Memorial Elementary School

Middle Schools Desoto Middle School

High Schools Desoto County High School

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private Financing Available, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, Private Financing Available, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by TOWN & COUNTRY PROPERTIES OF FL
Bought with FINE PROPERTIES

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agent

Catherine Throneburg

Agent | License ID: 3489984

+1(407) 267-6040

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