487 Mississippi AVE, Fort Myers, FL, 33905

1958
Exceptional Investment Opportunity. This is a BUNDLE OF TEN RESIDENTIAL PROPERTIES with at least 7% Cap Rate. Take advantage of this outstanding cash-flowing investment opportunity strategically located near downtown Fort Myers and the historic River District. This portfolio is perfect for investors looking to enhance their assets with reliable, revenue-generating properties. The portfolio includes 10 properties total, 8 are fully leased, with annual contracts, providing stable and consistent cash flow, and 2 are currently vacant. The two properties that are currently vacant are: 12313 3rd St, which previously rented for $2,800 per month, and 1015 Alderman, which rented for $3,200 per month. Both offer immediate potential for income generation. Many of the homes in this bundle have been thoughtfully updated, showcasing new flooring, modern kitchens, fresh exterior paint, and several properties boasting brand-new roofs. Each home represents an incredible opportunity for investors aiming to expand their portfolios with high-quality, income-producing properties. Don’t miss out on your chance to secure this lucrative investment with strong returns. For further details, please refer to the remarks. Act quickly—opportunities like this are highly sought after and won’t last long!
Status:
Active
Type:
Commercial
Zoning:
TFC-2
Frontage:
0
Acreage:
0.16
Est. Taxes:
$2,154
MLS #:
225036187
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Listing courtesy of Realty World J. PAVICH R.E. Phone: 239-495-9968