Photo 1 of 3
$118,000
Sold on 5/24/12
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
1,700 |
$1,162 |
1973 |
On the market:
52 days
|
View full details, 15 photos, school info, and price history
This duplex is a great investment within 10 minutes to Naples downtown and beaches. Tenants are paying $700 on EACH side and keep the place nice. They pay on time every month but they are not on leases. They will gladly sign leases or not, whichever you prefer. A capitalization rate of return for this property is based on income of $16,800 per year less 30% for vacancies, collections and expenses. It's 10% return every year. Low risk property built like a brick... house. Great roof, newer ac on one side. CALL FOR SHOWING INSTRUCTIONS!!
Listing courtesy of Erik Mogelvang, Florida Prime Realty, LLC