$2,495,000
( )
 $13,394 est/mo Sourced by Back At You

487 Mississippi Ave , Fort Myers, FL 33905

Fort Myers, FL 33905

Share with a friend

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 quicklyopportunities like this are highly sought after and won’t last long!

Details

MLS#225036187
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1958
Days On Site16
Listing Provided ByRealty World J. PAVICH R.E. | Joe R Pavich

Features

Story(s)1
ZoningTFC-2
Acreage0.16
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Royal Palm Coast Realtor Association ®.

Request a showing

Request a showing

Loading Form
Listings Checked: 3 minutes ago

Contact

Learn More About This Property

StateFL
CountyLee
CityFort Myers
Zip Code33905
AreaFE02 East Fort Myers Area
Listing VS Median (In 33905)
Price:
$2,495,000
low | high
Med:
$350,000
100% of Average
On site:
16
low | high
Med:
21.000000
76.190476190476% of Average
Sourced by Back At You
Listing Updated: April 9, 2025 at 3:32:36 PM PDT