503 PROSPECT AVE, Fort Myers, FL 33905

$400,000
7
BD
3
BA

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Sold Price
$400,000
List Price
$425,000
Status
CLOSED
Days on Market
7
Closing Date
Feb 06, 2025
MLS#
224094301
Subtype
Residential Income
Style
Ranch, Triplex
Year Built
1941
Bedrooms
7
Bathrooms
3
Full Baths
3
Lot Size
20,909
Acres
0.48
Subdivision
Eastland Park
Neighborhood
Eastland Park
MLS Area Major
FE02 - East Fort Myers Area

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.

Additional Information

Amenities
None
Taxes
$3,427
Property Description
Ranch, Triplex
Zoning
TFC-2
Flooring
Vinyl
Heating
None
Air Conditioning
Central Electric, Wall Unit(s)
Roof
Shingle

Courtesy of Call It Closed Intl Realty.

Selling Office: Waterfront Realty Group Inc.

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