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27071/ 27075 Washington Street, Punta Gorda, FL 33983

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For Sale

$425,000

2,104 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $202.00
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Turnkey Duplex Cash Flowing Investment in Rapidly Growing Punta Gorda! Investor alert! This 2023-built concrete block duplex is fully leased and generating strong income, offering a low-maintenance, investment property in a thriving Florida market. Each unit spans 1,048 sq ft and includes 2 bedrooms, 2 bathrooms, and an open floor plan with 5 total rooms. Modern conveniences abound refrigerator, electric range, microwave, dishwasher, garbage disposal, central A/C, and in-unit laundry hookups. Tenants enjoy a quiet, open backyard and convenient access to the Peace River, while being just minutes from vibrant downtown Punta Gorda. Situated outside the flood zone with city water, electric utilities, water softener and septic, this property is as practical as it is profitable. Both units are leased through March 2026 to long-term tenants. 2024 gross rental income totaled $42,695, with low annual expenses: insurance at $1,280.19, taxes at $7,629.61, and professional management Located squarely in the path of progress, this duplex is perfect for investors seeking immediate cash flow and long-term appreciation. Don t miss this opportunity!
MLS# TB8383259

Courtesy Of Melendy Real Estate

(727) 657-8912

Property Features

  • Age
    1-5 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Lot Size
    0.23 Acres

Map and Directions

Directions to 27071/ 27075 Washington Street, Punta Gorda, FL 33983

Home seller CENTURY 21 Results

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CENTURY 21 Results

(770) 889-6090
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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