Great rental property, direct gulf access 4 plex. Over sized lot in Pirates Cove with drive in boat house, slip. Gazebo, 120' canal frontage allows for many future possibilities. Property features 3 bedrooms, 2 bath unit on second floor and 3 additional efficiency units on the lower unit. Fully rented this property has rented for $3,450 per month plus the boat slip could be rented for up to $250 per month. Fenced in back yard. Sold "As Is". The 6 plex property next door is also listed for sale at 27256 at JC Ln for $599K, this unit is fully rented and may be found under commercial property in the MLS.
Age: 41-50 Years Old
Architecture Style: Other
Cooling System: Ceiling Fan(s), Central A/C, Wall Unit(s) A/C
Situated approximately 10 min from the GULF! Each unit consist of 3bed, 2bath, 1 car gar, 1,062 sq ft under air. This "normal" sale villa/duplex is located at 27555 & 27557 Michigan St in Bonita Springs. Very well located and affordable set within a neighborhood of single family homes. Consider the possibility of having your mortgage pay for itself by you living in one side and renting out the other! These two villas are mirror images of each other and feature vaulted ceilings over a large great room. There's a master bedroom & two additional bedrooms. Both units lead to a private patio overlooking a preserve area. The left side unit has a screened Lanai. Investors, this can be a dream property as it is cash positive with a reasonable down payment with each sides renting for $1200 per month. There is also a large side lot for your picnics / volleyball games /boat / etc. Remember, you get both units and there are no association fees!