6.2% CAP RATE! Rare opportunity to own this immaculate duplex featuring two 2 bedroom 2 bath homes with a one car and a two car garage, oversized yard and walk to the beach! Features include metal roof, concrete construction, recently painted, new sod and landscaping, irrigation system, and new irrigation well pump. Both sides were previously updated and have newer appliances and mechanicals. This duplex is high and dry and did not flood within the living areas of either side during Hurricane Ian and sustained no wind damage. The east side homes has a recently renewed long term lease at $2,900. The west side long term tenant is moving out of state and it will be available effective February 1, 2024 for $2,975 per month. No Smoking & No pets by tenants. Purchase as an investment or purchase and live in the side being vacated and keep the long term tenant! Great appreciation potential, proximity to Bonita Beach makes, and immaculate condition makes this the perfect portfolio property.
Property Type :
Residential Income
Subdivision :
Imperial Shores
County :
Lee
Style :
Residential Income
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ByOwner last updated this listing 05/01/2024 @ 01:38
MLS: 223092915
LISTED BY: Barry DeNicola, Barry DeNicola Realty Inc
SOURCE: SWFL
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
