2674-2674 Michigan AVE Active Save Request In-Person Tour Request Virtual Tour
Fort Myers,FL 33916
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Dean Park
MLS Listing ID 224100587
Bedrooms 4
Full Baths 2
Originating Board Florida Gulf Coast
Year Built 1957
Annual Tax Amount $4,035
Tax Year 2023
Lot Size 7,448 Sqft
Acres 0.171
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
Area Dt01 - Downtown Fort Myers
Zoning RS-7
Interior
Heating Central Electric
Cooling Central Electric
Flooring Concrete
Window Features Impact Resistant
Exterior
Fence Fenced
Community Features Park,Dog Park,Internet Access,Sidewalks,No Subdivision
Utilities Available Cable Available
Waterfront Description None
Roof Type Metal
Private Pool No
Building
Lot Description Corner Lot
Story 1
Sewer Assessment Paid
Water Assessment Paid
Level or Stories 1 Story/Ranch
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 13-44-24-P3-00602.0210
Acceptable Financing Buyer Finance/Cash,Owner Will Carry
Listing Terms Buyer Finance/Cash,Owner Will Carry