Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1981
Sq.Footage
12,424
Rarely available multi-family opportunity in Lehigh Acres Florida. Two buildings with eight units each. Total units: Twelve 2/1's Four 1/1's Currently owned as condos will be deconverted by terminating the condo docs at or after closing by the buyer. Great opportunity once converted to full rentals at current market price of $950-$1,000 for a 1/1 and $1250-$1450 for a 2/1 All have units have washer/dryer connections and have washers and dryers in each unit except possibly one. Most have been well maintained. Nine units are rentals Seven are owner occupied. Once stabilized and any necessary repairs completed this property can bring in between $225,600 and $256,800 gross annually at current market rental rates, with minimal maintenance costs aside from landscaping and exterior cleaning. Asking $1,800,000 NCNDA to be signed prior.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
1.19
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,800,000
-
Tax Amount
12000.0
-
Zoning
RM-2
-
Sq. Footage
12, 424
-
Price/SqFt
$144
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Gabriel Antonio Perez , Keller Williams Realty Naples
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Agent | Realtor®
Julia McCabe
Call Julia today to schedule a private showing.
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