Fort Myers, FL 33905,487 Mississippi AVE
Fort Myers, FL 33905,487 Mississippi AVE
Fort Myers, FL 33905,487 Mississippi AVE
Fort Myers, FL 33905,487 Mississippi AVE
Fort Myers, FL 33905,487 Mississippi AVE
Fort Myers, FL 33905,487 Mississippi AVE
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Geri Scheckner

Geri Scheckner

Bright Realty

+1(941) 356-0652
$ 2,495,000
Est. payment | /mo

7,013 Sqft Lot


Save
$ 2,495,000
Est. payment | /mo
Save

7,013 Sqft Lot

Key Details

Property Type Other Types

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225036187

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $2,154

Tax Year 2024

Lot Size 7,013 Sqft

Acres 0.161

Property Sub-Type Other

Property Description

Exceptional Investment Opportunity. This is a BUNDLE OF TEN RESIDENTIAL PROPERTIES with at least 7% Cap Rate. Take advantage of this outstanding cash-flowing investment opportunity strategically located near downtown Fort Myers and the historic River District. This portfolio is perfect for investors looking to enhance their assets with reliable, revenue-generating properties. The portfolio includes 10 properties total, 8 are fully leased, with annual contracts, providing stable and consistent cash flow, and 2 are currently vacant. The two properties that are currently vacant are: 12313 3rd St, which previously rented for $2,800 per month, and 1015 Alderman, which rented for $3,200 per month. Both offer immediate potential for income generation. Many of the homes in this bundle have been thoughtfully updated, showcasing new flooring, modern kitchens, fresh exterior paint, and several properties boasting brand-new roofs. Each home represents an incredible opportunity for investors aiming to expand their portfolios with high-quality, income-producing properties. Don't miss out on your chance to secure this lucrative investment with strong returns. For further details, please refer to the remarks. Act quickly—opportunities like this are highly sought after and won't last long!

Location

State FL

County Lee

Area Fe02 - East Fort Myers Area

Rooms

Bedroom Description NaN

Interior

Fireplace No

Exterior

Waterfront Description None

Garage No

Building

Story 1

Construction Status Resale

Others

Senior Community No

Tax ID 04-44-25-15-0000D.0100

Listed by Realty World J. PAVICH R.E. • Joe R Pavich
agent-avatar

+1(941) 356-0652

geri@gerimail.com

5218 Station Way, Sarasota, Florida, 34233, United States

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487 Mississippi AVE