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503 PROSPECT AVE Fort Myers, FL 33905
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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Eastland Park
MLS Listing ID 224094301
Sold Date 02/06/25
Style Ranch,One Story
Bedrooms 7
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1941
Annual Tax Amount $3,427
Tax Year 2024
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions Appraiser
Property Description
Charming Updated Multi-Unit Rental Property in the Heart of Fort Myers
This well-maintained, fully updated rental property offers a total of three units, all currently leased with established contracts, making it a perfect investment opportunity. Located in a highly convenient area of Fort Myers, this property is just minutes away from local supermarkets, fast food restaurants, and the bustling downtown area, with easy access to Interstate 75 for quick commutes.
Unit 1: Spacious 3-bedroom, 1-bathroom, perfect for families or tenants seeking additional space.
Unit 2: Cozy 1-bedroom, 1-bathroom, ideal for individuals or couples looking for a more compact living space.
Unit 3: Comfortable 2-bedroom, 1-bathroom, offering a great balance of space and affordability.
Each unit has been thoughtfully updated, ensuring comforts with all the amenities your tenants need. Whether you're looking for a steady rental income or a property with long-term investment potential, this multi-unit home offers great value in a prime location.
Don't miss out on this opportunity to own a well-located rental property with strong cash flow potential.
Location
State FL
County Lee
Community Eastland Park
Area Fe02 - East Fort Myers Area
Rooms
Bedroom Description NaN
Interior
Heating None
Cooling Central Air, Electric, Wall Unit(s)
Flooring Vinyl
Furnishings Unfurnished
Fireplace No
Window Features Single Hung
Exterior
Exterior Feature None
Utilities Available Cable Available
Amenities Available None
Waterfront Description None
Water Access Desc Public
Roof Type Shingle
Garage No
Private Pool No
Building
Lot Description Oversized Lot
Sewer Public Sewer
Water Public
Architectural Style Ranch, One Story
Structure Type Stucco,Wood Frame
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No
Tax ID 09-44-25-08-0000A.0220
Acceptable Financing All Financing Considered, Cash, FHA, VA Loan
Listing Terms All Financing Considered, Cash, FHA, VA Loan
Financing FHA
Pets Allowed Yes
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Bought with Waterfront Realty Group Inc