403 E Hickory Street
Arcadia, Florida 34266
MLS #C7233830

Multi-Family
  • 4units
$129,900
Est. P&I payment: $496.13/mo
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Description for 403 E Hickory Street, Arcadia, Florida 34266
Income producer with a stellar location in downtown Arcadia only steps from the Desoto County Administration, Desoto County Library, and the Desoto County Sheriff’s Office Buildings. The 4 living units are almost always rented with little to no vacancy ever. Continue to utilize as a quadplex or renovate this older structure into the residence or commercial establishment of your dreams! The original structure is split down the middle and a 3rd unit is attached to the west side of the primary building. Additionally there is a detached structure at the rear of the property which could also be rented as a 4th unit or utilized for storage. Bring your tools and imagination, with this diamond in the rough the possibilities are endless!
MLS #C7233830
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My Notes for MLS #C7233830

General Features

  • Property Type: Income
  • Property Style: Four Units
  • Lot Num: 12
  • Special Listing Type: Not Applicable
  • Special Sale Provision: None
  • Year Built: 1948
  • Total Num Buildings: 2
  • Total Units: 4

Exterior Features

  • Architectural Style: Spanish/Mediterranean
  • Exterior Construction: Block,​Siding,​Wood Frame
  • Exterior Features: Gutters / Downspouts,​Sidewalk,​Trees/Landscaped
  • Front Exposure: South
  • Roof: Metal,​Shingle
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13,373
  • Lot Dimensions: 100x470x100x470
  • Garage Carport: None
  • Garage Features: Open Parking
  • Pool: None
  • Sidewalk YN: 1

Interior Features

  • Floor Covering: Ceramic Tile,​Concrete,​Wood
  • Sq Ft Heated: 2,792
  • Square Foot Source: Public Records
  • Num 1 Bed 1 Bath: 4

Utility Features

  • Utilities: City Water,​Electric,​Sewer
  • Air Conditioning: Wall Units/Window
  • Heating and Fuel: Wall Units / Window Unit

Financial Features

  • Taxes: 1,937
  • Tax Year: 2016
  • HOA Common Assn: None
  • Total Monthly Expenses: 239
  • Total Monthly Rent: 1,500
  • Annual Expenses: 2,863
  • Annual Gross Income: 18,000
  • Annual Net Income: 15,137.17
  • Avg Rent 1 Bed 1 Bath: 375
  • Lease Terms: Month To Month,​Tenant Pays Electric,​Tenant Pays Sewer,​Tenant Pays Trash,​Tenant Pays Water
  • Est Annual Market Income: 20,400
  • Financial Source: Owner
  • Financing Available: Cash,​Seller Financing

Community Features

  • County: DeSoto
  • Township: 37
  • Legal Subdivision Name: ARCADIA ORIGINAL SURV
  • Location: Corner Lot,​Historic District,​Lot - Oversized,​Sidewalk,​Street Paved
  • Housing For Older Persons: N/A

Miscellaneous Features

  • Legal Description: TOWN OF ARCADIA O S LOT 12 & 13 BLK 19 IN SEC 31/37/25
  • Block Parcel: 19
  • Parcel Number: 25-37-24-0012-0190-0120
  • Flood Zone Code: X
  • Range: 24
  • Zoning: R-1B

Location

 
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Directions to 403 E Hickory Street, Arcadia, Florida 34266
Take Kings Hwy towards Arcadia, Make a Right onto FL-72, Right onto FL-70, Left onto N Psaco Ave, Left at the 2nd Cross street onto E Hickory St, Property will be to your Right
The listing information for 403 E Hickory Street, Arcadia, Florida 34266 was graciously provided by our friends at the listing brokerage, RE/MAX Palm Realty

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P&I Payment $496.13
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Realty Professionals of Florida's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Realty Professionals of Florida, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing data provided by MFRMLS (My Florida Regional MLS)
Last Updated 08/23/2017 at 9:33am
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