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22040 Felton Avenue, Port Charlotte, FL 33952

Port Charlotte
Local realty services provided by:CENTURY 21 Link Realty, Inc.
22040 Felton Avenue,Port Charlotte, FL 33952
$349,000
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  • 5 Beds
  • 2 Baths
  • 1,748 sq. ft.
  • Multi-family
  • Active
Listed by: beverly back
Office: re/max palm realty
MLS#:C7519634
Source:MFRMLS

Price summary

  • Price:$349,000
  • Price per sq. ft.:$199.66

About this home

AMAZING INCOME OPPORTUNITY!-HIGH PERFORMING INCOME PROPERTY! This beautiful fully updated 4 bedroom, 2 bath residence is already operating smoothly as a lucrative rental and is being offered with active leases in place. Designed for income efficiency, the home is fully leased, creating multiple revenue streams and reducing vacancy risk. Recent renovations mean no deferred maintenance, and the property is ready to continue producing income immediately after closing. With current performance delivering an estimated 13.2 % capitalization rate, this asset stands out as a rare find in today’s rental market. Located in a NON FLOOD ZONE X and centrally located in Port Charlotte close to everything, Hwy 41 and I 75. This property offers both operational simplicity and long-term investment appeal. Ideal for investors seeking dependable returns without the headaches of a renovation or lease-up phase.

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Home facts

  • Year built:1961
  • Listing ID #:C7519634
  • Added:129 day(s) ago
  • Updated:March 02, 2026 at 01:20 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Dining Description:Living Room/Dining Room Combo
  • Kitchen Description:Kitchen/Family Room Combo, Solid Surface Counters
  • Living area:1,748 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1961
  • Building area:1,748 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Block
  • Exterior Features:Lighting
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$349,000
  • Price per sq. ft.:$199.66
  • Tax amount:$1,057 (2024)

Features and amenities

  • Amenities:Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters
  • Pool features:Public Pool
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