2208 / 2210 Iris Way, Fort Myers, FL 33905
SOLD! $179,990 - Duplex
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $320,000-$340,000
- Estimated Rehab: $70,000-$80,000
- Comparable Rent: $2,700-$2,800
- Construction: CBS
- Occupancy: Call your Agent
- Comp 1: 13933/931 1ST ST, FORT MYERS, FL 33905 - 4/4 2,000 sqft SOLD $339k OCTOBER 2022 (1980 build duplex, cbs, very basic rental condition, no garage)
- Comp 2: 14937/939 WISE WAY, FORT MYERS, FL 33905 - 4/4 1,976 sqft SOLD $419k JUNE 2022 (1972 build duplex, cbs, basic rental condition, no garage)
- Comp 3: 2237 IRIS WAY, FORT MYERS, FL 33905 - 4/2 1,568 sqft SOLD $310k OCTOBER 2022 (1980 build duplex, basic rental condition, no garage)
- Rehab Description: For a rental this needs the renovation to be completed to both units! Flooding occurred, however the drwayll as been taken out and the interior gutted, so the work is primed to be finished to the kitchen, bathrooms, appliances, fixtures, and walls. Soffits/facia require attention. Central air is in good working order, may need to be serviced. Roof was replaced with permits in 2017. Finish off the renovation, deep clean, and apply fresh paint to to boost appeal!
- Features: Multifamily Money in Fort Myers! This four bedroom, three bathroom concrete block duplex features 1,689 living sqft, one of the units has an attached garage, there is a detached shed, and the property is a .31 acre lot. Being offered vacant at close and ready for immediate renovation to become a cash flowing rental!
- Important Details: --> VACANT AT CLOSE! --> Two Separate Meters
- Hard Money: Pre-Approved by OPS Loans for up to 60% LTV – See OPS Loans Tab