$895,000 • ten bedroom(s) • living size area 5274 sqft
Turnkey investment opportunity! this 5-acre income-producing property is a rare find, offering five well-maintained homes, each with its own shed, septic system, and electric meter—ensuring easy management and complete tenant independence. the current tenants are long-term and reliable, with each having lived here for at least three years and all on yearly leases, providing steady, hassle-free income. plus, each tenant takes care of their own lawn, keeping maintenance to a minimum for the owner. each of the five homes rents for $1,200 per month, creating a strong and consistent cash flow. additionally, a privately owned home has been on the property for 11 years, paying $400 per month in lot rent—adding an extra stream of income! the homes are in great condition, making this an easy, turnkey investment with no immediate repairs needed. beyond the current rental setup, this property offers huge potential for investors looking to expand. whether you choose to keep it as-is and enjoy passive income or explore future development possibilities, the opportunities here are endless. with multiple income streams, reliable tenants, and minimal owner responsibilities, this property is a smart investment that works for you from day one. don't miss out on this rare multi-home opportunity—reach out today to schedule a showing and secure your next profitable investment!10586 SOUTHWEST PARK, ARCADIA, FL 34269
Multi Family 10 bedrooms - N/A for Sale
10586 SOUTHWEST PARK, ARCADIA, FL 34269Asking Price$895,000 Change Price$80,000
- 10bdr
- Living 5274sqft
- Lot size 217800sqft
- Taxes: Register to see
- Year Built 2005
-
Days on market:
214 day(s) Original Price:
$975,000-
Price per sqft:
$169.7 Tax Legal Description:
The South 1/2 of the Northeast 1/4 of the Northeast 1/4 of the Southeast 1/4, LESS right of way on West Side, all being in Section 23, Township 39 South, Range 23 East, Desoto County. Florida.Tax Year:
2024-
MLS:
C7504282 -
Property Type:
Multi Family
Construction Type:
Vinyl SidingRoof:
ShingleCooling Description:
Central AirHeating Description:
CentralInterior Features:
Ceiling Fan(s) Open Floorplan Window TreatmentsExterior Features:
StorageSpecial Listing Conditions:
None