2674-2674 Michigan Avenue
$549,000
4
2
1,800
1,800
$305
Description
This charming corner lot property is situated in the highly desirable Dean Park District of Fort Myers. Featuring a new standing seam metal roof, impact windows, tankless water heaters, and elevated HVAC units, this income producing property is outfitted to withstand wear and tear from both tenants and the elements, allowing a potential buyer to focus on generating income rather than attending to maintenance issues. In terms of amenities, this property features twin carports with attached laundry...This charming corner lot property is situated in the highly desirable Dean Park District of Fort Myers. Featuring a new standing seam metal roof, impact windows, tankless water heaters, and elevated HVAC units, this income producing property is outfitted to withstand wear and tear from both tenants and the elements, allowing a potential buyer to focus on generating income rather than attending to maintenance issues. In terms of amenities, this property features twin carports with attached laundry rooms and a large fenced in back yard. The location is also unbeatable, providing residents walking access to downtown Fort Myers while affording them all of the peace and serenity that Dean Park living offers. The left side of this duplex is occupied by an annual tenant at more than $2,000 per month and the right side unit is currently operated as a vacation rental, providing ample opportunity for owner occupants to take advantage of the income from the left unit while living in the right unit. For investors looking to maximize cash flow, there have been multiple applications for annual tenancy of the right side at $2,400 per month. Possible annualized gross income of $57,600 with both sides rented at $2,400 per month. This property features an assumable flood insurance policy, providing coverage through the end of 2025. Agent/Owner Disclaimer- Listing agent possesses an ownership interest in the property.
- Listed by Palmer Rosen • Premier Sotheby's Int'l Realty
Property Details for 2674-2674 Michigan Avenue
Development
DEAN PARK
Building DesignDuplex
Community TypeNo Subdivision
WaterfrontNo
Waterfront DescNone
Waterfront DescNone
ViewNone/Other
LISTING UPDATED: 12/11/2024 06:00 PM
Property Details for 2674-2674 Michigan Avenue
Status | Active |
---|---|
MLS # | 224100587 |
Days on Market | 5 |
Taxes | $4,036 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1957 |
Lot Size | 0.17 AC / 7,448 SF |
County | Lee County |
Building Information for 2674-2674 Michigan Avenue
Stories1Residences2Year Built1957Building Size-Lot Size0.17 AC / 7,448 SF
Property Information for 2674-2674 Michigan Avenue
Property History for 2674-2674 Michigan Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2674-2674 Michigan Avenue
This home is within Lee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Edison Park Creative And Expressive Arts School PublicPK to 5 | ||
Allen Park Elementary School PublicPK to 5 | ||
Colonial Elementary School PublicPK to 5 | ||
Franklin Park Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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