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Anabelle Miller tel:239-565-0146  Colleen Yergens tel:239-841-0559  Debby Welsh tel:239-292-8839

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Yergens, Miller, Welsh Team

Fort Myers, FL
Real Estate Team
Anabelle Miller
239-565-0146
Colleen Yergens
239-841-0559
Debby Welsh
239-292-8839
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Listing 2 out of 2,373
$35,000 Pending

5141 Atlanta Ave
Fort Myers, FL 33905

2 units | Multi Family Home
12079 sq ft - MLS# 219010382
Property Photo
1/35

Description

CASH FLOW! 2 properties on 1 strap on a double lot. Contractors/investor special which buyer assumes existing code violation for unsafe structure. Speaking w/the officer, options are: 1. Obtain a demo permit, giving upto 6 months to follow through, decide: demo, remodel, rebuild. 2. Demo primary to rebuild & save rear property. 3. Turn the rear property as primary. 4. Saving the primary property will need to pull remodel permit. Major remodeling needed: new roof, drywall, kitchen, exterior siding repair / replacement, etc. Sept 2017, licensed electrician replaced new riser, meter & grounding PERMITTED. Blue house is a 4/2 w/ 1, 454 sqft, Leepa states it's a 2/1. Comps suggest once fixed up and rent ready it could be rented at $1, 200.00 per month!! Extra detached storage on site w/ 99 sqft. Second property on the rear is tenant occupied, paying $200 weekly = $10, 400 yearly cash flow!! This is a 1/1 detached Accessory Dwelling Unit (ADU) w/ 368 sqft which is remodeled. Both properties have shared utilities. Walking distance to Morse Shores Shopping Plaza, entertainment, bus routes, I-75 & minutes from the Downtown River District. *Please do NOT disturb tenant without an appointment*

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Pending
  • County/Area: Lee County
  • Zip Code: 33905
  • Year Built: 1954
  • Subdivision/Neighborhood: Kingston Terrace
  • Units: 2 units
  • Bedrooms: 5
  • Full Baths: 3
  • Lot Size: 12079 sq ft
  • Baths: 3
  • Waterfront: 0
  • Zoning: RS-1
  • Annual Net Operating Income: 7370.72
  • Cable Available YN: Yes
  • Community Type: No Subdivision, Non-Gated
  • Construction: Concrete Block, Wood Frame
  • Construction Status: Resale Property
  • Cooling: Window Unit
  • Development Name: Kingston Terrace
  • Exterior Features: Extra Building
  • Exterior Finish: Stucco, Wood Siding
  • Flooring: Laminate, Tile
  • Frontage: 60
  • Gross Rent: $10,400
  • Heating: Central Electric
  • Irrigation: Central
  • Lot Back: 60 Ft.
  • Lot Description: Oversize
  • Lot Left: 128 Ft.
  • Lot Right: 128 Ft.
  • Lot Unit: 7
  • Pets: No Approval Needed
  • Road: County Maintained, Paved Road
  • Roofing: Built-Up Or Flat, Shingle
  • Sewer: Central
  • Special Information: Owner Agent, See Remarks, Seller Disclosure Available
  • Tax Amount: 875.28
  • Tax Desc: City And County
  • Tax Year: 2018
  • Tenant Pays: Application Fee, Cable, Cleaning Fee, Internet Access
  • Township: 44
  • Water: Central
  • Windows: Single Hung
  • s: 2
Courtesy of Steelbridge Realty Llc

 
                                            
ROYAL SHELL REAL ESTATE
1870 Clayton Road
Fort Myers, Fl 33907       
RoyalShellTopProducers@gmail.com

    

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"I've had the pleasure of working with Anabelle on two real estate purchases over the past few years and was delighted with the level of advice and service she provided. I always felt that she had my best interests at heart and I could trust her to act on my behalf. She was extremely personable and her knowledge of the properties we were considering was outstanding. She provide us good guidance throughout the entire process and in the end it was an extremely positive experience" Connie Donohue - BUE, High Volume Sales at IBM Canada Ltd.
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