298 Lowell Ave., North Fort Myers, FL 33917
Photo 1 of 4
$200,000
Sold on 8/06/15
Beds Baths Sq. Ft. Taxes Built
5 5.00 0 $1,159 1990
On the market: 27 days
View full details, 15 photos, school info, and price history
FIVE-Plex: 3 1 BR units, and 2 Efficiencies. 2,168 total sq. ft. under central air. All units are currently rented with long term leases in place! Ranges and refrigerators are included as well as electric, water and cable. Central air was installed with 2 newer Lennox units and is temperature controlled by the owner. Newer Roof. Owner has taken great care of the property, has good tenants and has maintained a No Smoking building. This is a quiet neighborhood and a great opportunity! This property has a great ROI with current total monthly rent of $3600 from all 5 units. Owner's average monthly expense for basic cable, water, and electricity has been $400/mo. Rent histories are tremendous here. Low tax history and long term leases make this a gem among Multi-Family investments. Here is your chance to have steady income and provide solid housing for some of SW Florida's long term residents. ALL OFFERS WILL BE CONSIDERED AS OWNER IS RETIRING!
Listing courtesy of Bill Elliott, Schooner Bay Realty, Inc.