(Fort Myers) Quadplex

Lee County, Fort Myers, FL, 33905
Sold
Listed at: July 22nd, 2023
Price
$375,000
ARV
$550,000
Gross Margin
$175,000
Sq. Footage
2552
Type
Multifamily
Parking
Driveway
Year build
1936
Lot size
0.32 acres
Bedrooms
6
Bathrooms
6
Half Bathrooms
0
Summary

Fort Myers Quadplex

Cash Flowing Fort Myers multifamily-- Fully Occupied quadplex that is comprised of a duplex and 2 detached ADUs. The seller has owned this property for 7+ years and is looking to retire from long-distance landlord-ing. The units are 100% occupied and have yielded almost 0 vacancy over the course of the 7 year ownership. The property has significant cash flow with gross rents of $4,600/month. 

DETAILS:

Duplex: Each unit is a 2 Bed/ 2 Bath

ADUs: Each unit is 1 Bed/ 1 Bath

Beds: 6

Bath: 6

Total Sqft: 2,552

Built: 1936

Total Lot Size: 14,244 Sqft

Leases: All Tenants are Month-Month


UNIT "A" DETAILS:

2 Bed/ 2 Bath

UNIT "B" DETAILS:

2 Bed/ 2 Bath

UNIT "C" DETAILS:

1 bed/ 1 Bath

UNIT "D" DETAILS:

1 bed/ 1 Bath


ASKING PRICE: $375K






CLOSING AND ACCESS


**Property WILL BE OCCUPIED AT CLOSE**

**NO SHOWINGS WILL BE SCHEDULED UNLESS A SOFT/VERBAL OFFER IS PRESENTED FIRST**

**Closing On 08/16/2023**


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Cody Schmidt

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