This is a Unique and lucrative investment opportunity for a 4bed/4bath duplex located on an OVERRSIZED TRIPLE LOT in a great neighborhood close to the River and Jaycee Park. A large oversized triple lot like this can usually accommodate up to 6 Rental units. This is a great opportunity for a cash-flowing duplex and the new owner can build up to an additional 4 unit building to dramatically increase the cash flow. (buyer to verify all requirements with the City for additional units). The two units are approx. 1100sqft each, featuring 2 beds/2 baths, with front lanais. Each unit has newer A/C's and the roof was redone in 2003. Units are rented at $925 and the other was just vacated but rents in this area are close to $1,000, total gross rent per year is $20,000! Investment opportunities like this don't come along every day! One unit currently vacant and easy to show.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on February 22nd, 2018 at 3:41am EST.