216 E MAGNOLIA ST Arcadia, FL 34266

$279,900
216 E MAGNOLIA ST, Arcadia, FL 34266
C7400665

Multi-Family Home for sale in Arcadia, FL

for $279,900. This 3,534 square foot home was built in 1954 on a lot size of 0.41 Acre(s).

Property Information

  • $279,900
  • Multi-Family
  • 3,534 Square Feet
  • Taxes are $4,574
  • Active
  • Lot size of 0.41 Acre(s)
  • Built in 1954
  • Arcadia, FL
  • De Soto County
  • MLS/Web ID is C7400665

 Virtual Tour

Description

THIS IS A WONDERFUL OPPORTUNITY TO LIVE OR WORK ON THE PROPERTY WHILE COLLECTING RENTAL INCOME TO MAKE YOUR MORTGAGE PAYMENTS. PROPERTY IS CURRENTLY SET UP AS A LARGE OFFICE SPACE IN THE MIDDLE AND A RENTAL APARTMENT ON EACH SIDE. THE LARGE OFFICE AREA COULD EASILY BE CONVERTED INTO ANOTHER 2 OR 3 BR/1.5 BATH APARTMENT AND A 1/1 FOR A TOTAL OF 4 RENTAL UNITS. THE EXISTING 3 UNITS ALL HAVE SEPARATE UTILITES AND ACCESS TO A COMMON LAUNDRY ROOM. THIS PROPERTY IS VERY WELL MAINTAINED AND LOCATED WITHIN CONVENIENT WALKING DISTANCE TO DOWNTOWN. NEW ROOF, WINDOWS, SIDING AND MISC. REVOCATIONS IN 2004. 600SF REAR ADDITION IN 2005, 800SF APARTMENT ADDITION IN 2014 AND INTERIOR FLOORS AND BATHROOM UPDATES IN 2016. TURN KEY INCOME PROPERTY. CALL TODAY FOR APPOINTMENT!!!

Interior 6

Appliances

  • Security System / Alarm

Cooling System

  • Ceiling Fan(s)
  • Central Air

Fireplace

  • Decorative Fireplace(s)
  • Fireplace(s)

Flooring

  • Laminate Flooring
  • Tile Flooring
  • Vinyl Tile
  • Wood Floors

Heating System

  • Central Heat

Sewer

  • Connection

Exterior 5

Construction

  • Block
  • Wood Frame

Garage

  • 1 Car
  • 1 Car Carport
  • Attached
  • Carport(s)
  • Garage(s)
  • Other

Land Improvements

  • Sidewalks

Parking

  • Guest Parking
  • Parking

Roof

  • Shingle Roof

Miscellaneous 3

Accessibility

  • Bath Modifications

Restrictions

  • No Pets

Utilities

  • Electric
  • Phone Line Available
  • Propane
  • TV-Cable

† Excluded Feature

Listed By

Broker: TURNER REALTY, INC.

216 E MAGNOLIA ST, Arcadia, FL, 34266 is a Multi-Family Home for sale at $279,900 with 3,534 sqft and a lot size of 0.41 Acre(s). 216 E MAGNOLIA ST has 0.0 baths and was built in 1954. The property's zip code is 34266 which is in Arcadia, FL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Arcadia $411,352 47 % above $249,900 11 % below
Multi-family listings in Arcadia $349,133 25 % above $214,950 23 % below

Get the facts about Arcadia, FL!

Population 7,688
Population Growth (since 2000) 11 %
Median Income $29,688
Median Age 32.99
Households w/ Children 32 %

Residential Dwellings

  • Owned 1375
  • Vacant 391
  • Rented 1180

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363