660 Marsh Ave, Fort Myers, FL 33905
SOLD! $179,990 - Single Family/Duplex
Additional Details
- Contact: Aaron Wiesman (954) 807-9124 - awiesman@propertyforce.com
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $300,000-$315,000
- Estimated Rehab: $40,000-$55,000
- Current Rental Income: $2,100
- Comparable Rent: $2,200-$2,300
- Construction: CBS/Frame
- Occupancy: Call your Agent
- Comp 1: 4155 Madison Ave, Fort Myers, FL 33916 - 4/2, 1,422 sqft (1968 Build, Updated, .23 Acre Lot) - Sold @ $295,000 on 12/08/2022
- Comp 2: 1 Kingsman Cir, Fort Myers, FL 33905 - 3/2 1,404 sqft (1973 build, Updated, .20 Acre Lot) - Sold @ $340,400 on 12/09/2022
- Comp 3: 1532 Brookhill Dr, Fort Myers, FL 33916 - 5/3, 2,136 sqft (1961 Build, Remodeled, .15 Acre Lot) - Sold @ $359,000 on 09/15/2022
- Comp 4: 4505 Luckett Rd, Fort Myers, FL 33905 - 3/2, 1225 sqft (1963 Build, Outdated, .30 Acre Lot) - Sold @ @277,900 on 01/06/2023
- Rehab Description: For a flip this needs rehab renovation to the kitchens, bathrooms, flooring, appliances, and fixtures. Roof needs to be replaced and some ceiling/mold remediation required. Central air may need to be serviced. Apply fresh paint, deep clean, and do some landscaping to boost curb appeal! For a rental, keep the existing tenants in place and do the necessary property maintenance for a buy and hold.
- Features: Dual Investment Strategy!!! This four bedroom, two bathroom home currently features two separate living units both with each having a separate kitchen, two bedrooms, one bathroom, and separate entry's totaling 1,737 combined living sqft. There is an attached two car carport and the home sits on a large .33 acre lot. Being offered as an excellent, immediate cash flowing rental or has equity as a solid flip! Don't miss out!
- Important Details: --> Buyer agrees to assume current tenants renting a combined $2,100/mo on a month to month basis. --> Current layout is two separate living units (each unit 2/1) - single family on tax roll
- Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab