Bill Jaxheimer
REALTOR®, MCNE
BEDS0
BATHS
SQUARE FEET1,140
MLS#A4700298
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONA W GILCHRIST RESUB
Property Description
Two homes, one price, endless possibilities! Nestled in the historic district of DeSoto County, this rare property includes not one but two charming, income-producing houses on a single lot. The main house offers 3 bedrooms and 1 bath, complete with a large, welcoming front porch perfect for enjoying the historic neighborhood, plus a detached carport. The second home is a cozy 2-bedroom, 1-bath with its own detached carport - ideal for a tenant, guests, or extended family. Both homes are currently used as income property, giving buyers true flexibility: live in one and rent the other, or keep both as rentals for maximum cash flow. This is a unique opportunity for investors or owner-occupants alike to own a piece of DeSoto County history with built-in income potential. Don't miss this one-of-a-kind offering! You'll notice road construction going on right in front of the main house - don't let that scare you off! It's wrapping up soon, and once it's done, you'll have brand-new paved roads. Don't miss this one-of-a-kind offering!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.33 Acres
Roof Type: Metal
Taxes: $4,140
Year Built: 1946
Amenities
L Dining
Ninguno
None
Feature Descriptions
Annual Net Income: 30000.00
Directions: Take E. Magnolia, turn right onto Sumter Ave, property on the leftTake W. Hickory St, turn left onto Sumter Ave, property on the left
Exterior: Frame
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.33
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Senior Community: Yes
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Public
Water: Public
Water Access Y/N: No
Zoning: R-1C
Listed By / Shown By
Listed By
Agency Name: RMZ REALTY INC.
Agency Contact: 863-990-6093
Shown By
Agent Name: Bill Jaxheimer
Agent Phone: Cell: (813) 505-7794
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,097.65 per month $665.44 Principal & Interest $345.00 Property Tax $87.21 Homeowner's InsuranceChange Payment Information
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628 E Magnolia Street | MLS# A4700298
This multi-family property located at 628 E Magnolia Street , Arcadia, FL 34266 is currently listed for sale with an asking price of $299,000. Search Arcadia real estate on bjaxheimer.floridaexecutiverealty.com today.