2674-2674 Michigan AVE Active

Fort Myers,FL 33916

$ 549000

4 Beds

2 Baths

1800 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $305

Subdivision Dean Park

MLS Listing ID 224100587

Style Ranch,One Story,Duplex

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1957

Annual Tax Amount $4,035

Tax Year 2023

Lot Size 7,448 Sqft

Acres 0.171

Lot Dimensions Appraiser

Property 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 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.

Location

State FL

County Lee

Community Dean Park

Area Dt01 - Downtown Fort Myers

Rooms

Bedroom Description NaN

Interior

Interior Features High Speed Internet

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete

Fireplace No

Window Features Impact Glass

Exterior

Exterior Feature Fence

Utilities Available Cable Available

Amenities Available Dog Park,Park,Sidewalks

Waterfront Description None

Water Access Desc Assessment Paid

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type Duplex

Sewer Assessment Paid

Water Assessment Paid

Architectural Style Ranch,One Story,Duplex

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed Call,Conditional

Senior Community No

Tax ID 13-44-24-P3-00602.0210

Acceptable Financing All Financing Considered,Cash,Owner May Carry

Listing Terms All Financing Considered,Cash,Owner May Carry

Pets Allowed Call, Conditional

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