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Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision San Carlos Park
MLS Listing ID 221087091
Sold Date 02/22/22
Bedrooms 4
Full Baths 4
Construction Status Resale Property
Year Built 1987
Annual Tax Amount $3,080
Tax Year 2020
Lot Size 0.413 Acres
Property Description
Great Investment opportunity!!! Strong rental history: one tenant in place for five years, the other for three years. Currently on a month to month lease agreement (60 day notice is required to vacate). Both units were remodeled in 2017 and have new kitchens, bathrooms and stainless steel appliances. Both Air conditioners were replaced within the last five years. At Current ask price and rent Cap rate is 8.47%. Rents have been increased starting on 3/1/2022 to $1500 per side. Ring in the new year right and dont let this opportunity slip through you fingers. This corner lot has endless potential for growth and design changes. Property is being sold as-is. Please see comments below for showing instructions. Please respect tenants privacy and do not view without scheduling a showing prior. 48 hour notice is required. Owner is licensed real estate agent.
Location
State FL
County Lee
Community San Carlos Park
Area Fm14 - Fort Myers Area
Zoning RM-2
Interior
Heating Central Electric
Cooling Central Electric
Flooring Tile
Exterior
Exterior Feature Fence, Patio, Storage
Community Features No Subdivision
Amenities Available None
Waterfront Description None
Roof Type Shingle
Private Pool No
Building
Lot Description Corner
Building Description Stucco, 2 Story,See Remarks
Foundation Concrete Block, Wood Frame
Sewer Septic
Water Central
Structure Type Stucco
Construction Status Resale Property
Others
Pets Allowed No Approval Needed
Acceptable Financing Buyer Finance/Cash, FHA, VA
Listing Terms Buyer Finance/Cash, FHA, VA
Pets Description No Approval Needed
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Bought with Cornerstone Coastal Properties
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