1 / 8$549,000 list price
location_onBONITA SPRINGS, FL 34135 · Lee County
Investor Alert! Excellent opportunity to purchase four (4) rental apartments in downtown Bonita Springs. This large nearly 1/3 acre corner lot has two (2) charming beach cottages. Each duplex has two identical one-bedroom and one-bathroom units for a total of four dwellings. The units have separate utilities, ample outdoor parking spaces and private fenced outdoor space. A detached storage building located in the rear of the property has coin operated washer and dryer units that produces additional income and provides extra storage for Tenants. One the most exciting characteristics of this unique lot are the T3 zoning rights which allows for additional density with a new development or perhaps install a swimming pool and create an enclave of seasonal rental units and make this property a revenue POWERHOUSE. Fully occupied with short term leases and long-term rental history. Conveniently located walking distance to downtown and just 4 and 1/2 miles to Bonita Beach. No HOA or rental restrictions. (Please do not disturb tenants)
Flooring
Cooling
Heating
Construction
Roof
Waterfront
$109,800 down
Loan amount $439,200
Estimated monthly principal & interest
$2,776
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
John R Wood Properties
239-948-4450