Ignite FB Tracking Pixel2822/2826 Lincoln Boulevard, Fort Myers, FL 33916 - Chris McBride
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listing
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Residential IncomeSold
List Price $160,000
Sold Price $120,000
2822/2826 Lincoln Boulevard
Fort Myers, FL 33916
Listing Provided Courtesy of Engel & Volkers Fort Myers
MLS: SWFLAMLS - Fort Myers
4Beds
3Baths
1,620Sq Ft
Est. Mortgage
$926/mo

Great investment property! Centrally located and close to schools, shopping and downtown Fort Myers. Great cash flow and easy to maintain. One of the lowest priced duplexes in all of Southwest Florida! The tenants in both units have lived there for almost 4 years and rents have never been increased. With both tenants being month-to-month, this presents an opportunity to increase the cash flow of the property significantly, either by raising the rents or by vacating the units and re-renting at much higher current market rates (estimated at $1,250 and $750, for a monthly total of $2,000 and Annual Gross Rents of $24,000). Units are on City Water and Sewer and are separately metered, with the bills in the tenants' names for your convenience.

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