Overview
- 11 Bedrooms
- 7 Bathrooms
- 4,570 ft
- Year Built: 1939
Description
Check this MF Cash Cow opportunity In Fort Myers, FL, Perfect For Buy & hold, Property will need minor rehab, Purchase today with only 150k down and and Start Cash flow From Day One With More than 10% ROI and 25% Cash On Cash don’t miss out !!!
Facts and features
Multi Family total of 5 Units
2/1- $1400 4/2 $2000, 1/1 $1300 4/2 $1800 1/1 $1300
Built in 1939
12 bedrooms 🛌
7 baths🚿
4,570 sqft
Roof is 2021 with window units
Lot size 0.45 Acres
150k down and 449k at 7% interest rate, 30 year amortization with 5 year ballon
Owner is paying Utilities around $700 per month on average.
Total rent is $7,800 per month
Address: 420 Fairfax Dr, Fort Myers, FL 33905, USA
City: Fort Myers
County: Lee County
State: Florida
Zip: 33905
Country: United States
Open In Google Maps
Property Id : 134788
Price: $ 599,000
Property Size: 4,570 ft
Bedrooms: 11
Bathrooms: 7
ARV: $750,000
Property Type: Multifamily
Parking: Assigned
Year Built: 1939
Lot Size: 0.45 acres
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