808 August St #810, North Fort Myers, FL 33903
SOLD! $289,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $410,000-$440,000
- Estimated Rehab: $5,000-$20,000
- Current Rental Amount: $3,075
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 912 SE 24th Ave, Cape Coral, FL 33990 (4/4, 2236 sqft) PENDING $467k (1979 build, 1 attached car garage per unit)
- Comp 2: 411/413 SE 24th Ave #A-B, Cape Coral, FL 33990 (6/2, 2360 sqft) SOLD $448k in JULY 2022 (1978 build, dated, 1-car garage)
- Comp 3: 5901 Littlestone Ct #5903, North Fort Myers, FL 33903 (6/4,2,904 sqft) SOLD $530k in MARCH 2022 (2006 build, two 3/2 units, 2-car garage)
- Rehab Description: For a rental, deep clean and apply fresh interior paint. Repair the roof shingles and the fallen wood fence. For a flip, optionally update the kitchens and bathrooms and replace the carpet flooring.
- Features: RARE duplex deal in Lee County with great curb appeal! This duplex is a turnkey rental with 2 leases in place with current tenants. Unit 808 is rented for $800/month and Unit 810 is rented for $1,000/month. Additionally, the parcel includes a 4 car 1,076 sqft detached garage that is separately rented on lease for $1,275 /mo. Conveniently located near schools, parks, Hwy 41, and I-75. This property is a dual-threat homerun rental or flip play, don't miss out!
- Important Details: -->Buyer agrees to assume tenants on lease & copy of the lease to be provided at/prior to closing. --> Unit 808 on rent until October 31st,2023 for $800/mo --> Unit 810 on rent Month Month for $1000/mo --> Unit 812 (4-car garage) on rent until February 28th, 2023 for $1275/mo
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab