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Property Type
Duplex

3
Bedrooms

2
Bathrooms

Sqft
Area Size

1950
Year Built

Active

1905 Oakley AVE, Fort Myers, FL 33901

$369,000

Description

Well maintained DUPLEX in desirable McGregor Corridor. IMPACT WINDOWS! Roof 2019, ACs 2019, Water heaters 2020 and 2012, washer/dryers in both units. Unit B is a 2 bed, 1 bath with screened lanai – tenant pays 1500 pm plus full electric. Unit A is a 1 bed, 1 bath – prior tenant paid 1200 pm plus full electric. Not is a flood zone and property has never flooded. Live in one side and rent the other OR investors achieve a CAP RATE in the 5s! Income = $32,400 and expenses $11,800 (Insurance 3500, Taxes 4900, lawn 1560 and water 1800). Nice corner lot duplex just off US 41 / Cleveland Ave., within walking distance of Edison Mall. Each unit has its own driveway and private entrance, Unit 1 fronts Oakley Ave. and Unit 2 fronts Kelly St.