3413, Northeast Masters Avenue, DeSoto County, Florida, 34266, United States
SOLD! $134,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $200,000-$220,000
- Estimated Rehab: $25,000-$35,000
- Comparable Rent: $1,750
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 3401 NE MASTERS AVE, ARCADIA, FL 34266 - 4/2 1,640 sqft SOLD $200k AUGUST 2021 (Next door property to subject)
- Comp 2: 523 E OAK ST, ARCADIA, FL 34266 - 4/3 2,187 sqft CASH SALE $206.5k OCTOBER 2021 (1942 build FRAME, good condition)
- Comp 3: 337 N MILLS AVE, ARCADIA, FL 34266 - 3/3 2,256 sqft SOLD $185k NOVEMBER 2021 (Frame build, basic rental condition)
- Rehab Description: For a rental or flip this needs rehab and updates to the kitchens, bathrooms, fixtures, and new appliances. The flooring needs replaced. The metal roof appears to be nice, newer condition. One of the Central air units may require some servicing, the other appears to be in good condition. Apply fresh paint, deep clean, and do some light landscaping to boost appeal!
- Features: Amazing, multi-option investment Duplex with equity in Arcadia! This 4 bedroom 2 bathroom concrete block duplex features a total 1,456 living area sqft, a brand new metal roof, and sits on a .18 acre lot. This is a hard to find multifamily property, with instant equity at an amazing price! Act quickly before its gone!
- Important Details: --> Buyer agrees to assume tenant paying $650/mo on a month to month basis in the first unit. Tenant pays electric. --> Second unit is Vacant!!!
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab