Save Property
Nine Duplexes, all 100% leased, all in same neighborhood, easy to manage, great area for rentals. All with new WOOD kitchen and bath cabinets and granite countertops, tile flooring throughout all units, many with new windows, roofs and AC units. Good Condition Properties minimal deferred maintenance, CASH COW, with cash flow today. Professional Management in place on 30 day agreement. No penalty to cancel or keep. See attached financial, 15% CAP AFTER EXPENSES. PNI CASH FLOW $78,000 PER YEAR AFTER EXPENSES. Rents currently under market value by about $50-60 per unit or $1000 per month, great upside. These duplexes were selling for over $200K each. GREAT OPPORTUNITY.
Share Property
Post on Facebook
Post on Pinterest
Additional Information:
Building Design: Single Family
MLS Area: Fm07 - Fort Myers Area
Total Square Footage: 1,442
Lot Desc.: Block, Concrete
Construction: Block, Concrete
Foreclosure: No
Short Sale: N
Date Listed: 2012-03-18 00:00:00
Pool: No
Private Spa: No
Furnished: Unfurnished
Flooring: Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Electric
Pets: Yes
Sewer: Public Sewer
Map of 5537 7Th Ave, Fort Myers, FL 33907
Listing Courtesy Of: Colonial Square Realty, Inc.
(239) 939-7721