Quadplex Fort Myers OFF MARKET / NOT ON MLS Pending

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YEAR BUILT: 1973
3 Buildings
SQFT: 2.592
CONSTRUCTION TYPE: Concrete Block
ROOF: Shingle
WINDOWS – most windows have been replaced ( one unit does not have new windows)

UTILITIES: City Water & Sewer – 1 water meter for all 4 units ( Approx $250 month paid by landlord)
ELECTRIC METERS: Total of 5 electric meters & tenants pay for electricity ( the fifth one is for the utilty and laundry room)
Landscaping: Lawn is cut by one of the tenants and landlord gives $50 credit to tenant

Building 1 has 2 Units
Unit 1: 2 Bedrooms / 1 Bath –
Rent $750 / month ( Lease expires 10/2019)

Unit 2: 1 Bedroom / 1 Bath –
Rent $650 / month (month to month)

Building 2 has 2 units
Unit 3: 2 Bedrooms / 1 Bath
Rent $750 (month to month)

Unit 4: 1 Bedroom / 1 Bath
Rent $700 / month ( Lease expires 11/2019)

Building 3 has Laundry Room & storage
$150 / month in revenue from Laundry

Rental + Laundry Income: $3,000 per month
NOTE: Current Rent is low for the area

Lanlo

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