Description
LET THE PASSIVE RENTAL INCOME PAY YOUR MORTGAGE WITH THIS PROVEN INCOME PRODUCING PROPERTY! – 4 potential income producing rentals with 3 additional outbuildings including a horse barn, a massive shop/garage and a storage building perfect for home office/flex space/workout room all sitting on 6.35 acres. The main home which could be your future primary residence with passive income of over $40, 000 per year from the other three rental units- features 3 bedrooms 2.5 bathrooms and the photos speak for themselves! Everything in this home has been upgraded to the standards of a King including a chef’s kitchen with propane stove, southern walnut hardwoods, 2022-26 gauge metal roof and yellow pine siding. Any of these units could be converted to short-term rentals such as AirBnB/VRBO style housing and the possibilities of income with that is extensive. The property is eligible for rezoning to either full or partial commercial and/or minor plat to RMF-1 and two additional rental units could be added to the property. The current zoning is Agricultural (A-10) with multifamily use and allows for grazing animals. Do not forget to ask your lender how you can use the current rental income towards your mortgage payment! Just a short distance to Arcadia, Punta Gorda, Port Charlotte and I75 makes this property a perfect rental location with a short commute and the opportunity to live in a country setting. Schedule your showing on this rare investment find today!
Details
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Property ID A4558385
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Price $974,000
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Property Size 3862 Sqft
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Land Area 6.35 Acres
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Bedrooms 5
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Bathrooms 5
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Garages 5
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Year Built 1948
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional, VA Loan
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Roof Metal
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Utilities BB/HS Internet Available, Cable Available, Electricity Connected, Propane, Water Connected
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Sewer Septic Tank
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Cooling Central Air
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Heating Central, Electric
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Flooring Ceramic Tile, Hardwood, Tile
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County DeSoto
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Property Type Residential Income
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Parking Boat, Covered, Driveway, Golf Cart Garage, Ground Level, RV Garage
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Elementary School Nocatee Elementary School
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Middle School DeSoto Middle School
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High School DeSoto County High School
Address
Open on Google Maps-
Address: 7080 SW HIGHWAY 17
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City: Arcadia
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State/county: FL
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Zip/Postal Code: 34266
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Area: ACREAGE
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Country: US
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What's Nearby?
- Active Life
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Active Door & Window (15.7 mi)
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Active Med Pros (33.55 mi)
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Active Door & Windows (17.72 mi)
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Active Door & Window (16.27 mi)
- Restaurants
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Circle K (3.32 mi)
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Nocatee Dinee (3.35 mi)
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Nocatee Diner (3.35 mi)
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Taqueria El Llanogrande (3.35 mi)
Contact Information
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