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Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,152 sqft
Price per Sqft $114
Subdivision Linda Loma Unit B
MLS Listing ID O5767190
Sold Date 05/13/19
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1978
Annual Tax Amount $3,320
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 104x104
Property Description
Amazing opportunity to own a rarely for sale quadplex. All units are fully rented. One unit is fully renovated as of 2019 with new kitchen / bath / granite / stainless steel appliances / blinds. One new roof. New windows throughout, all units have washer dryer connections for the tenants. New paint outside with new gutters. Plenty of parking. Lawn care at $100/m No other expenses besides insurance and taxes. Tenants are on autopay through their bank accounts. Current leases: $1050/m ends 3/2020, $950/m ends 4/2020, $710/m ends 10/2019, $800/m ends 3/2020. Renovate the other 3 units and increase rents to $1050/m or leave as is.
Location
State FL
County Lee
Community Linda Loma Unit B
Zoning RM-2
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Microwave, Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Rain Gutters, Storage
Garage Common, Driveway, Parking Pad
Utilities Available Cable Connected, Electricity Connected
Waterfront false
Roof Type Shingle
Parking Type Common, Driveway, Parking Pad
Garage false
Private Pool No
Building
Entry Level One
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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Bought with EMPIRE NETWORK REALTY
Learn More About LPT Realty
Melissa Malave-Crespo
REALTOR® | License ID: SL3394025
REALTOR® License ID: SL3394025