1 / 18$700,000 list price
location_onFORT MYERS, FL 33916 · Lee County
Calling all investors, OPPORTUNITY KNOCKS! These units are only being SOLD to settle an Estate. Extremely stable and reliable rental income from this one owner quadplex property. This will make a handsome addition to your portfolio and extremely easy to manage with little to no updating needed. This lot has two duplexes (for a total of 4 units) with plenty of off street parking, each unit has 2 Bedrooms, Full Bath, laundry area, tile floors, rear patio, and is in a quiet neighborhood close to downtown. These buildings have new roofs, soffits and gutters in 2023. All units have been meticulously maintained by the Sellers and have had many updates throughout the past few years including A/C units. Just down the block, 3317 Edgewood #1-4, (MLS# 224027634) owned by the same Sellers is also available for sale to make an 8-plex package if desired. Same floor plans with two duplex buildings sharing the lot, same set up as this listing. Total package of 8 units is priced at $1,400,000. Seller will look at all serious offers.
Flooring
Cooling
Heating
Construction
Roof
Waterfront
$140,000 down
Loan amount $560,000
Estimated monthly principal & interest
$3,540
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
John R. Wood Properties
239-333-2411