4539 HIGHWAY 31, ARCADIA, FL 34266
$275,000
Multi-Family Home 5,940 Square Feet Taxes: $5,984.00 Built in 2007 Style: 1 Level, Detached Type: Five or More Listed on 02/23/2016 MLS # A4146890

Description of 4539 HIGHWAY 31, ARCADIA, FL 34266

Easy rental income on 5 income producing modular properties 1188 sq feet each, these are not mobile homes!! Each of these units is a 3/2 with a rental income between $600 - $750 dollars but each unit can easily be rented at $750 each. These units are managed and all have tenants in place that have been there for a long time. These units are located on 1.25 acres and have easy income!Unit 2 and 3 both have replaced sub floors and some flooring. Buying the units separate is an option so come check them out! If you can do your own management or have a manager in mind you will make more money. ** Exact lot measurements need to be confirmed by realtor or buyer.

Directions to 4539 HIGHWAY 31, ARCADIA, FL 34266

Located on Highway 31.

Features of 4539 HIGHWAY 31, ARCADIA, FL 34266

Heating/Cooling

  • Central air
  • Central heat

Exterior

  • Wood frame exterior

Lot

  • Lot acreage is: 1.25
  • Lot dimension is: 260x120
  • Lot number: 34
  • Lot zoned: RSF-3
  • Oversized lot
  • Subdivision: MEADOWS/ARCADIA

Roofing

  • Shingle roof

Utilities

  • Septic system
  • Well water

Construction

  • Units in building(s): 5

Other

  • Pets allowed
  • Tax year: 2016

Mortgage Payments for 4539 HIGHWAY 31, ARCADIA, FL 34266

The approximate monthly Principal & Interest payment for this property would be $1,673. This payment is based on a 30-year loan at a fixed rate of 3.95 % with a down payment of $27,500. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.