7500 Mellon Rd., Fort Myers, FL 33967

7500 Mellon Rd., Fort Myers, FL 33967
Photo 1 of 13
$213,000
Sold on 9/04/18
Beds Baths Sq. Ft. Taxes Built
4 2.10 0 $2,025 1985
On the market: 66 days
View full details, 15 photos, school info, and price history
WELL KEPT LOWEST PRICED DUPLEX IN SAN CARLOS PARK!! This excellent income producing property is located in a GREAT location within San Carlos Park. Close proximity to US 41!! Duplex features a Single Story 1 Bedroom 1 Bath unit and a Two Story 3 Bedroom 1.5 Bath unit. The 3 Bedroom unit is currently rented for $1,250 a month and the 1 Bedroom unit is vacant, but market rent places this property at $850 to $900 a month. With both units rented this property will generate a 10% Cap Rate!! Another option would be to live in one unit and rent out the other!! Either way this is a GREAT opportunity to own a strong cash flowing property!! All of this and CITY WATER !! Each Rental unit has its own water meter. This property will not last long.
Listing courtesy of Bernd Manderschied & Stephan Manderschied, Waters Edge Real Estate LLC & Waters Edge Real Estate LLC