EXCEPTIONAL INVESTMENT OPPORTUNITY! This income-producing property currently generates $2,650 in gross monthly rental income ($31,800 annually), featuring a remodeled 2-bedroom, 1-bath main home rented for $1,650/month and a separate 1-bedroom, 1-bath studio rented for $1,000/month. Major improvements include a NEW ROOF, remodeled kitchen and bathrooms, stainless steel appliances, newer A/C and water heater, tile flooring, and screened patio. THE REAL VALUE: CITY-APPROVED PLANS FOR A 2-BEDROOM, 1-BATH ADU WITH SEPARATE WATER AND ELECTRIC METERS! Once completed, the property could generate an estimated $4,300/month or $51,600 in gross annual rental income from THREE separate rental spaces. That's approximately 62% more gross rental income than currently generated! The property is offered with the ADU still unbuilt, allowing the next owner to capitalize on the approved plans and unlock significant additional income potential. Immediate cash flow, substantial upside, and the opportunity to own a three-income-stream investment. A DEAL WORTH A CLOSER LOOK!
Great for a quick estimate of the property value.
Listing courtesy of South Florida Trust Realty, In.
/u.realgeeks.media/capecoralrealestatenow/koffman-and-associates-logo-72.jpg){kind=logo}