12919 1st ST, Fort Myers, FL, 33905 | $375,000

Great cash flowing tri-plex available with all three units occupied! Annual leases in place for all three units, with one unit having the same tenants for over 3 years! One efficiency unit (front left) and two 1 bed/1 bath units (front right and rear). Full kitchens in each unit. BONUS -- This is a double lot property. The empty lot to the left of the tri-plex is included and can either be used to build another multi-family home, kept empty as an added bonus for the tenants, or be sold ($50, 000 value). Every time there was a vacancy, it was filled fast. This is a great investment property in an excellent sought-after location for easy access to I-75 via ST RD 80. Parking is available for tenants and guests. Current owner is paying for the electric and water/sewer for each unit; WIFI is up to each unit. Realtors please see showing instructions in confidential remarks.

Features

  • Amenities: None, No Subdivision
  • Bedrooms: 3
  • Baths: 3 full
  • Units: 3
  • Lot Size: 127 x 127 x 118 x 118
  • Style: See Remarks, Traditional
  • Year Built: 1957
  • Heating: Wall Unit
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Basement: Ceiling Fan(s), Window Unit(s)
  • Acreage: 0.34
  • Lot Size: 127 x 127 x 118 x 118
  • Est. Taxes: $2,714
  • Lot Desc: 4 Lots, Oversize, See Remarks
  • Pets Allowed: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224076788
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/224076788/129191stst_fortmyers_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3330055FL. Properties displayed on this Website include properties listed with brokerage firms other than William Raveis Real Estate. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS™ Multiple Listing Service.
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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12919 1st ST, Fort Myers, FL, 33905

$375,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $300,000 $300,000 $300,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 5.990% 4.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.398% 6.161% 5.152%
Monthly Tax Payment $226 $226 $226
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,823 $1,797 $2,353
Total Monthly Payment $2,124 $2,098 $2,654

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.