This is a Unique and lucrative investment opportunity for a 4bed/4bath duplex located on an OVERRSIZED TRIPLE LOT in a great neighborhood close to the River and Jaycee Park. A large oversized triple lot like this can usually accommodate up to 6 Rental units. The new owner could possibly build up to an additional 4 unit building to dramatically increase the cash flow. (buyer to verify all requirements with the City for additional units). The two units are approx. 1100sqft each, featuring 2 beds/2 baths, with front lanais. Each unit has newer A/C's and the roof was redone in 2003. Rental rates are $900-$1,000 per unit. total gross rent should be $20,000 per year! Investment opportunities like this don't come along every day! Easy to show.
Listing courtesy of Gulf Gateway Realty, Inc..
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