Description

PRICE CORRECTION. INVESTOR SPECIAL. This is a rare opportunity to own a substantial property comprising three fully rented units on a total of 0.46 acres. Located at 4085, 4091, and 4095 on Palm Ln in Fort Myers, these units generate a total gross rent of $3,750 per month. The first unit, 4085, is a single-wide with 2 bedrooms and 1 bathroom, currently rented for $1,150 per month. The lease for this unit expires in January 2025. The second unit, 4091, is a double-wide with 3 bedrooms and 2 bathrooms, rented for $1,400 per month with the lease expiring in February 2024. The third unit, 4095, is a single-wide with 2 bedrooms and 1 bathroom, rented for $1,100 per month with the lease expiring in September 2024.All three units have been well-maintained, with new metal roofs installed between 2015 and 2017, each featuring lifetime transferable warranties. Additionally, new HVAC systems were installed during the same period and are serviced twice a year. Each unit is connected to city water and sewer and has its own separate driveway. This property is located in a great area near I-75, just minutes from downtown Fort Myers, and is situated in Flood Zone X. The tenants in place are reliable and have expressed a desire to stay long-term, making this an attractive investment opportunity. For further details and to schedule a viewing, please refer to the agent remarks in the showing instructions. Don't miss out on this fantastic investment with strong rental income and minimal maintenance due to recent upgrades.

Provided by Coldwell Banker Realty