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Four duplexes side by side. Legal seven 1 bed, 1 bath units and one 2 bed, 1 bath unit. All one bedroom units have window unit A/C. The two bedroom uniot has Central A/C. Current monthly income of $6995. Cap rate of 5.66%. All units on annual leases. Huge demand for openings and multiple qualified tenant applications with each vacancy. Up to date kitchens and baths. Terrazzo floors, all units painted identically, very low maintenance. One mile from one of the finest beaches in the State.. Easy access to shopping, recreation and cultural activities. Neighboring condos are renting for $1600 per month. Seasonal leases could net significant return on investment per seller. Potential for redevelopment due to proximity to beaches and city center. Units are located off Bonita Beach BL, West of US 41.
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