216 E Magnolia Street
Arcadia, Florida 34266
MLS #C7238203

Multi-Family
  • 3units
$279,900
Est. P&I payment: $1069.03/mo
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Description for 216 E Magnolia Street, Arcadia, Florida 34266
Income producing rental complex. Up to Four units, 2-residential and 1,or 2 business offices. Each unit is spacious and is well maintained (one is a new addition). Unit A is a 2 bedroom 1.5 bath with living room and kitchen. Unit B is Commercial Business offices with 4 private offices, two common work areas, break room and 3 bathrooms. Unit C is a two bedroom one bath with a kitchen and dining areas, plus generous living room. Plenty of off street parking for tenants. A covered parking space and a one car enclosed garage or storage or tenant use. Common laundry with washer and dryer.
MLS #C7238203
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My Notes for MLS #C7238203

General Features

  • Property Type: Income
  • Property Style: Triplex
  • Lot Num: 4
  • Number Of Efficiencies: 3
  • Special Listing Type: Not Applicable
  • Special Sale Provision: None
  • Year Built: 1954
  • Total Num Buildings: 1
  • Total Units: 3

Exterior Features

  • Architectural Style: Traditional
  • Exterior Construction: Siding
  • Exterior Features: Rental Apartment
  • Roof: Shingle
  • Total Acreage: 1/2 Acre to 1 Acre
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14,505
  • Lot Dimensions: irr
  • Garage Carport: 1 Car Carport,​1 Car Garage
  • Garage Dimensions: 12x24
  • Garage Features: Parking Pad
  • Pool: None
  • Sidewalk YN: 1

Interior Features

  • Sq Ft Heated: 4,578
  • Square Foot Source: Public Records

Utility Features

  • Utilities: Cable Available,​City Water,​Electric,​Public Sewer
  • Air Conditioning: Central,​Zoned/Multiple
  • Heating and Fuel: Central

Financial Features

  • Taxes: 4,020
  • Tax Year: 2016
  • HOA Common Assn: None
  • Annual Gross Income: 30,000
  • Annual Net Income: 10,000
  • Avg Rent Efficiency: 850

Community Features

  • County: DeSoto
  • Township: 37
  • Legal Subdivision Name: TOWN/ARCADIA
  • Location: In City Limits
  • Housing For Older Persons: N/A

Miscellaneous Features

  • Legal Description: TOWN OF ARCADIA O S E1/2 LOT 4 LESS S 6 FT & ALL LOTS 5 & 6 LESS S 3 FT BLK 49
  • Block Parcel: 49
  • Parcel Number: 25-37-24-0012-0490-0040
  • Flood Zone Code: X
  • Range: 24
  • Zoning: B-1

Location

 
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Directions to 216 E Magnolia Street, Arcadia, Florida 34266
On corner of Magnolia and Hillsborough.
The listing information for 216 E Magnolia Street, Arcadia, Florida 34266 was graciously provided by our friends at the listing brokerage, UNITED COUNTRY GULFLAND R.E.

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P&I Payment $1069.03
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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 07/22/2017 at 8:22pm
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