$580,000
$700,000
17.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
0.27 Acres Lot
SOLD DATE : 05/30/2024
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Edgewood Subd
MLS Listing ID 224027627
Sold Date 05/30/24
Bedrooms 8
Full Baths 4
Originating Board Florida Gulf Coast
Year Built 1976
Annual Tax Amount $5,244
Tax Year 2023
Lot Size 0.267 Acres
Acres 0.267
Property Description
Calling all investors, OPPORTUNITY KNOCKS! These units are only being SOLD to settle an Estate. Extremely stable and reliable rental income from this one owner quadplex property. This will make a handsome addition to your portfolio and extremely easy to manage with little to no updating needed. This lot has two duplexes (for a total of 4 units) with plenty of off street parking, each unit has 2 Bedrooms, Full Bath, laundry area, tile floors, rear patio, and is in a quiet neighborhood close to downtown. These buildings have new roofs, soffits and gutters in 2023. All units have been meticulously maintained by the Sellers and have had many updates throughout the past few years including A/C units.
Just down the block, 3317 Edgewood #1-4, (MLS# 224027634) owned by the same Sellers is also available for sale to make an 8-plex package if desired. Same floor plans with two duplex buildings sharing the lot, same set up as this listing. Total package of 8 units is priced at $1,400,000. Seller will look at all serious offers.
Location
State FL
County Lee
Area Fe01 - East Fort Myers Area
Zoning RS-7
Direction Palm Beach Blvd. to Superior Street, North on Superior Street to Edgewood Avenue. Properties will be on your left.
Interior
Heating Central Electric
Cooling Ceiling Fan(s), Central Electric
Flooring Carpet, Tile
Window Features Single Hung
Exterior
Community Features None, Non-Gated
Utilities Available Cable Available
Waterfront No
Waterfront Description None
Roof Type Shingle
Street Surface Paved
Porch Patio
Private Pool No
Building
Lot Description Regular
Faces Palm Beach Blvd. to Superior Street, North on Superior Street to Edgewood Avenue. Properties will be on your left.
Story 1
Sewer Central
Water Central
Level or Stories 1 Story/Ranch
Structure Type Concrete Block,Stucco
New Construction No
Others
Tax ID 07-44-25-P3-03615.0120
Acceptable Financing Buyer Finance/Cash
Listing Terms Buyer Finance/Cash
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States