Single Family Cash Flowing Rental Income Home Now Available. This Money Maker is perfect for a First Time Property Investor who wants to get started earning wonderful Passive Income or it will make a very nice Addition to the Portfolio of a Seasoned Investor. Current Investor Owner has moved to the Panhandle and is Selling his Lee County Properties. This Home is in the Section 8 program so the Monthly Rent is Auto Deposited in the Owners Bank Account the 3rd of the Month .. no Rent Collection hassles. Previous Owner converted Home from a 3/1 to a 2/1 to make the great room larger. Section 8 is paying $675 p/mth Rent for this Home as a 2/1. Seller has another Rent Home in the area that is a 3/1 & Section 8 is paying $825 p/mth Rent. This Home can be made back to a 3/1 simply by adding a wall & closet to increase Rental Income. Agents refer to the uploaded Floor Plan Supplement and Cap Rate Worksheets. Home has Excellent Long Term Tenants. Quiet neighborhood close to downtown that borders Fort Myers Cemetery. Home was Re-Roofed Aug '11 & new Water Heater Aug '15. Buy this Property now and start making a Real Return on your Money
Listing courtesy of Right Choice Realty, LLC.
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2018 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .