Bought with STELLAR NON-MEMBER OFFICE
$285,000
$299,999
5.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,680 SqFt
SOLD DATE : 09/29/2025
Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $169
Subdivision Gibson & Smith/Arcadia Add
MLS Listing ID C7510635
Sold Date 09/29/25
Bedrooms 2
Construction Status Fixer
HOA Y/N No
Year Built 1956
Annual Tax Amount $4,983
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Duplex
Source Stellar MLS
Property Description
This is an investment opportunity featuring a 2-bedroom, 1-bath, and carport duplex on each side, as well as a 3-bedroom, 1-bath unit. All units require significant TLC (tender loving care). Each unit has its own utility meter, and a new metal roof was installed in 2024. This property is on a corner lot and has access to city sewer and water. duplex is frame and h concrete block home. Although the place is in rough shape, it holds tremendous potential for generating income if updated. The current monthly income is $1,800. Consider making this your next business venture!
Location
State FL
County Desoto
Community Gibson & Smith/Arcadia Add
Area 34266 - Arcadia
Zoning R-1B
Interior
Interior Features Ceiling Fans(s)
Heating None, Ductless
Cooling None, Wall/Window Unit(s)
Flooring Concrete
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry None
Exterior
Exterior Feature Private Mailbox
Parking Features Covered, Driveway
Utilities Available Electricity Connected, Phone Available, Private, Public, Sewer Connected
View City
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description City Limits, Oversized Lot
Entry Level One
Foundation Block, Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Frame
New Construction false
Construction Status Fixer
Schools
Elementary Schools West Elementary School
Middle Schools Desoto Middle School
High Schools Desoto County High School
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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