1107 7th Way, North Fort Myers, FL 33903

This is a great investment opportunity for this property that has been totally renovated, all permitted, yet retaining the old Florida feeling. It is a small duplex that is very livable. Each unit has 432 sq ft of air-conditioned living, family room, kitchen, 1 bedroom, full bathroom and a porch with storage closet. The neighborhood is in an area that is convenient to downtown and the river. There is a tenant in both units $550 per month. Leases are up October 2017 but they wish to stay. Annual net proceeds are $11,000 annual with $2,000 in expenses without a mortgage. Duplex at 1108 / 1110 8th Way is also for sale by seller. Special discount if investor buys both.