FEATURES:

–> DUPLEX!

Located in North Fort Myers, FL this Duplex offers two identical units featuring concrete block construction, 2 bedrooms, 1 bathroom, over 700 sq/ft of living space, and a 1 car garage! Once updated this multi family home is a perfect opportunuity for RENTAL generated a great return on investment. Don’t miss this opportunity and CALL/TEXT 407-449-1641 NOW!!!

REHAB: 

For Flip/Rental for both units it is recommended to replace the roof, install central a/c(home is ducted), update the kitchens, update the bathrooms, update the flooring, install new fixtures/appliances, apply fresh interior/exterior paint, and conduct some minor landscaping for curb appeal. Windows should be considered for replacing for insurance purposes.

COMPS:

51 Lake St – DUPLEX 5/3 with 1,768 sq/ft
$400K SOLD 10/2/2023 Built 1979
(Dated, needs update, smaller lot, little bit bigger living sq/ft)

420 Herron Rd – DUPLEX 5/2 with 1,046 sq/ft
$384K SOLD 5/26/2023
(Dated, smaller, one car garage units)

25-27 Cypress St – DUPLEX 4/2 with 1,160 sq/ft
$285K PENDING Built 1944
(Fully updated, 1/3 size of the lot, no garage or parking)

1799 Beachwood Dr – DUPLEX 4/2 with 1,540 sq/ft
$200K PENDING Built 1972
(Dated but clean, pending in 7 days!!!, no garages)