Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $390,000-$410,000
• Estimated Rehab: $25,000-$35,000
• Comparable Rent: $3,000
• Construction: CBS
• Occupancy: Call your Agent
• Comp 1: 17495/497 DUMONT DR, FORT MYERS, FL 33967 - 4/4 1,956 sqft SOLD $383k DECEMBER 2021 (1983 build, 2/2 per side duplex, updated)
• Comp 2: 7584 WINGED FOOT DR, FORT MYERS, FL 33967 - 4/4 2,154 sqft SOLD $430k FEBRUARY 2022 (1997 build, 2/2 per side duplex, clean but outdated)
• Comp 3: 17370 W CARNEGIE CIR, FORT MYERS, FL 33967 - 4/2 1,792 sqft SOLD $380k DECEMBER 2021 (1987 build, 2/1 per side duplex, updated)
• Comp 4: 8352 MATANZAS RD #8356, FORT MYERS, FL 33967 - 4/2 2,015 sqft SOLD $362k DECEMBER 2021 (2002 build, 2/1 per side duplex)
• Comp 5: 9032 FRANK RD, FORT MYERS, FL 33967 - 2,156 sqft SOLD $430k JANUARY 2022 (2004 build, 3/2 per side duplex)
• Rehab Description: For a rental or flip unit 18545 needs limited rehab updates to the fixtures, appliances, one of the windows, and a deep cleaning to be rental ready. Unit 18549 requires attention to some of the flooring, walls, and fixtures. Roof is from 2006 and the A/C units may need to be serviced. Repaint the interior/exterior to freshen up the appeal with a deep cleaning and some light landscape work.
• Features: Duplex in Fort Myers! This 4 bedroom 2 bathroom concrete block multifamily property features 1,748 total sqft, each side is 2 bedrooms, 1 bathroom and market comparable rents for this typically yield between $1,450-$1,550 per side. This sits on a .19 acre lot and is ready for cosmetic updates as an excellent rental option with instant equity! Being offered vacant at close with a great upside potential!
• Important Details: --> Owner stated this would be vacant at close
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab