Duplex - FORT MYERS, FL
Single Family Cash Flowing Rental Income Home Now Available. This Money Maker is perfect for a First Time Property Investor who wants to get started earning wonderful Passive Income or it will make a very nice Addition to the Portfolio of a Seasoned Investor. Current Investor Owner has moved to the Panhandle and is Selling his Lee County Properties. This Home is in the Section 8 program so the Monthly Rent is Auto Deposited in the Owners Bank Account the 3rd of the Month .. no Rent Collection hassles. Previous Owner converted Home from a 3/1 to a 2/1 to make the great room larger. Section 8 is paying $675 p/mth Rent for this Home as a 2/1. Seller has another Rent Home in the area that is a 3/1 & Section 8 is paying $825 p/mth Rent. This Home can be made back to a 3/1 simply by adding a wall & closet to increase Rental Income. Agents refer to the uploaded Floor Plan Supplement and Cap Rate Worksheets. Home has Excellent Long Term Tenants. Quiet neighborhood close to downtown that borders Fort Myers Cemetery. Home was Re-Roofed Aug '11 & new Water Heater Aug '15. Buy this Property now and start making a Real Return on your Money
Would you like more information regarding this property?
Please call (239) 333-2378.
Data Provided by:
Florida Gulf Coast Multiple Listing Service, Inc.