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Listing 5 out of 1,323
$999,900 New For Sale
Multi Family Home
0.67 acres - MLS# 219053997
Property Photo
1/13

Description

*Being sold with 4200 Gulfstream Dr, MLS #219053998. A total of 6 units. All with individual PID's and the HOA is already in place. Interesting opportunity with potential upside for Investor. Keep as rentals with excellent cash flow, GRI $94,500, NOI 69,800, or sell individually as condos. Unit interiors are all spacious and desirable 2 bedroom, 2 baths with individual laundry, patios and screened lanais. Exteriors are attractive with good curb appeal and lots of green space and landscaping. Cap rate of 7% at current rents. Long term tenants paying an average of $1300 per month. Rents could easily be increased to $1500 per month with potential exist strategy of selling as condos. Great Investment Opportunity. Contact me for more information

Features

  • Property Type: Multi Family Home
  • Sub Type: Residential Income
  • Listing Status: Active
  • County/Area: Collier County
  • Zip Code: 34112
  • Year Built: 1982
  • Subdivision/Neighborhood: Spanish Villas
  • Stories: Single Story
  • Bedrooms: 12
  • Full Baths: 12
  • Lot Size: 0.67 acres
  • Baths: 12
  • Community Name: Spanish Villas
  • Construction: Concrete Block Stucco, Frame And Stucco Exterior, Stucco Exterior
  • Exterior: Patio
  • Flooring: Tile Flooring
  • General: Pets Allowed
  • Heat/Cool: Central Air Conditioning, Central Heat
  • Lot Dimensions: 168x175x168x175
  • Number of Buildings: 2
  • Roof: Tile Roof, Shingle Roof
  • Utilities: Public Sewer Service, Public Water Supply, Tv Cable Available
  • Win/Doors: Shutters
Courtesy of Naples Beach & Bay Realty Inc

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Tropics Real Estate
(239) 261-0153
Or
(239) 821-9046

539 5th Avenue South
589 5th Avenue South
612 5th Avenue South
Naples, FL 34102

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539 5th Avenue South - Naples, FL 34102
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