$700,000

About This Property

Gorgeous Quadraplex located in a very nice area of North Fort Myers near DelPrado and Viscaya. On a quiet residential street with no thru traffic and upscale multifamily homes. All four units have been recently updated and are in excellent condition. Two Bedrooms and master bath are on the 2nd floor and both include a small walkout balcony. Living room, dining, kitchen, laundry and 1/2 bath are on the main floor. There is also a large lanai approx. 16x20 on each unit for cookouts, etc. (not screened in). Unit A is slightly upscale with custom tile and cabinets and can be sold as furnished. Behind the building is a large private back yard to enjoy. Owner is retiring and lives in unit A. Unit A should rent for approx. $1500 - 1700 per month. All tenants will be month to month by the end of April. This allows the new owner to change the rents or select new tenants if so desired. All three tenants are excellent payers never missing a rent payment or late! They would like to stay per our conversations. Rent break down: Unit A (Owner) $0 rent per month Unit B $1000 per month Unit C $1200 per month Unit D $1100 per month Littlestone Court is currently averaging $1300-1500 per month for 2/2 rentals **** Showings will be conducted by the owner to not disrupt tenants. ****Keep in mind this is a great 1031 investment

infoProperty Details

Property Type

Quadruplex

Year Built

1980

Lot Size

0.06 acres

Bedrooms

8

Bathrooms

8

Days on Market

58

Cumulative DOM

74

List Date

Feb 2, 2023

Sold Date

chairInterior Features

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

EJ Realty & Financial Services

239-872-0718