Located in a prime Fort Myers workforce housing area, this fully leased duplex offers immediate income and growth potential. Minutes from Downtown, with access to major employers, shopping, dining, and transit. Each unit is 2BR/1BA and occupied by reliable tenants, producing approx. 7% CAP. Strong rental demand and low vacancy risk.
Highlights:
Fully leased with stable tenants
Approx. 7% CAP rate
Close to employment hubs and amenities
Motivated seller
This is a solid opportunity to secure an income-producing property in a high-demand Fort Myers rental market, ideal for seasoned or first-time investors
3147 Economy, Fort Myers, FL, 33916
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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