101 W BAY ST Arcadia, FL 34266
UPDATED:
12/03/2024 03:52 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,292 sqft
Price per Sqft $126
Subdivision A W Gilchrists Sub
MLS Listing ID C7501347
HOA Y/N No
Originating Board Stellar MLS
Year Built 1987
Annual Tax Amount $3,446
Lot Size 0.460 Acres
Acres 0.46
Property Description
Calling all savvy investors—this is a rare chance to acquire a duplex (each unit 2-bed, 1-bath) plus a detached 2-bedroom, 1-bath home—a perfect income-generating property with incredible potential!
The duplex is in excellent condition, featuring two fully functional units that are ready for immediate rental. The detached home, though in need of a bit of TLC, was recently occupied and has the potential to become a cozy rental or owner’s retreat with some updating and care.
Situated on a double lot, this property offers endless possibilities. You could separate the parcels for future development or maximize rental income by living in one unit and renting out the other two. With three rental units in total, this property is perfect for those looking for long-term income or an opportunity to renovate and resell.
Whether you’re looking for a turnkey investment or a project to add value, this is a versatile opportunity you won’t want to miss. Schedule your appointment today to explore all the potential this property has to offer!
Location
State FL
County Desoto
Community A W Gilchrists Sub
Zoning R-1C
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Sidewalk
Utilities Available Electricity Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Level
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Memorial Elementary School
Middle Schools Desoto Middle School
High Schools Desoto County High School
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Learn More About LPT Realty