BEDS4
BATHS2 full
SQUARE FEET1,248
MLS#A4700128
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONA W GILCHRISTS
Property Description
**Income-producing investment opportunity in Arcadia, Florida. This tenant-occupied single-family rental is offered exclusively as part of a three-property residential investment portfolio that also includes 326 E. Whidden St. (MLS #A4699801) and 408 E. Maple St. (MLS #A4700131). Offered at $805,000, the portfolio generates $68,400 in combined annual gross rental income, representing an 8.50% gross yield. Each property is located on its own tax parcel, providing ownership flexibility and future disposition options. All three properties are fully leased and are being sold subject to the existing leases. Please do not disturb tenants or enter the property without a confirmed appointment. Buyer is responsible for independently verifying all rental income, lease terms, operating expenses, dimensions, zoning, permits, and all other information deemed material during the due diligence period.
Property Features
Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $1,872
Year Built: 1984
Amenities
Other
Other
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Directions: From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
Exterior: Frame
Flood Zone Code: x
Flooring: Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.12
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: R-1C
Listed By / Shown By
Listed By
Agency Name: DOUGLAS ELLIMAN
Agency Contact: 941-867-6199
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500
Estimate Your Payment
Estimated Payment
$ 936.34 per month $689.93 Principal & Interest $156.00 Property Tax $90.42 Homeowner's Insurance
401 Citrus Avenue | MLS# A4700128
This single family home located at 401 Citrus Avenue , Arcadia, FL 34266 is currently listed for sale with an asking price of $310,000. This property was built in 1984 and has 4 bedrooms and 2 full baths with 1248 sq. ft. Citrus Avenue is located in the A W GILCHRISTS subdivision. Search A W GILCHRISTS real estate on www.floridaexecutiverealty.com today.