NOT LISTED FOR SALE

3810 Lora St Fort Myers, FL 33916

Billy Creek Neighborhood
16 Beds
8 Baths
-- Sq Ft
0.46 Acres

Last Sold October 01, 2020

Last sale price $659,650

60 Days on Market

Highlights

  • 0.46 Acre Lot
  • Community Barbecue Grill
  • Laundry Facilities
  • Concrete Block With Brick
  • Central Heating and Cooling System
  • Fenced

About This Home

As of October 2020

8 UNIT Apartment building with stable rent roll! THE NUMBERS ARE IN THE SUPPLEMENTS FOR YOUR CONVENIENCE! 3810 Lora Street is an exceptionally well maintained multi family property that boasts loyal and long term tenants. Electric and water are metered per unit and are paid by the tenants. Tenants enjoy a common laundry facility, paved parking lot, a large well groomed, fenced and beautifully landscaped backyard as well as a BBQ area to gather and visit with the neighbors. Owner is fastidious about maintenance, which is evident throughout the property. The ONSITE MANAGER at Lora Street pays $450/month rent. The other tenants pay $725/month. THE NUMBERS ARE IN THE SUPPLEMENTS FOR YOUR CONVENIENCE! Nominal increase in rent would easily drive greater ROI to a new owner!

Last Agent to Sell the Property

Alex King

Premiere Plus Realty Company License #BEAR-3251534 Listed on: 07/03/2020

Premiere Plus Realty Company

Co-Listed By

Dennis Wagaman

Premiere Plus Realty Company License #BEAR-3433847

Last Buyer's Agent

Dennis Wagaman

Premiere Plus Realty Company License #BEAR-3433847

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,081

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions: 140
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Concrete Block With Brick
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sliding Windows

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, water
  • Assessor Parcel Number 08-44-25-P4-04204.0150
  • Tax Block 4

Community Details

Overview

  • 8 Units
  • Belmont Heights Condos

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $23,581
  • Net Operating Income $45,419

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,081

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Legal Description: BELMONT HEIGHTS BLK 4 PB 3 PG 20 LOTS 15 THRU 18
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.658203$-81.836169$132.54$13.33$1.00$mjgoyx4NkwtTYOQLpTGLRA
  • Building Design: Quadraplex
  • Building Description: 2 Story
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Total Bedrooms: 16
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block, Wood Frame
  • Road: City Maintained, Paved Road, Public Road
  • Exterior Features: Fence
  • Exterior Finish: Stucco, Vinyl Siding

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: Not Allowed
  • Development: Belmont Heights
  • Amenities: BBQ - Picnic, Common Laundry
  • Community Type: Non-Gated
  • Units In Building: 8

Condo/Co-op/Association

  • Sub Condo Name: BELMONT HEIGHTS

Lot Info

  • Lot Back: 140
  • Lot Frontage: 140
  • Lot Left: 145
  • Lot Right: 145
  • Lot Unit: 15
  • Section: 8
  • Waterfront: No
  • Zoning Code: RS7
  • Acres: 0.4640
  • Lot Description: Corner
  • Lot Dimensions: 140 X 145
  • Parcel Number: 08-44-25-P4-04204.0150

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 6081.00

Multi Family

  • Unit Count: 8
  • Gross Rental Income: 69000.00
  • Annual Expenses: 23581.00
  • Annual Net Operating Income: 45419.00
  • Total Buildings: 1

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $659,650 -5.2% --
09/01/2020 09/01/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $696,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alex King

    Seller's Agent in 2020

    Alex King

    Premiere Plus Realty Company

    (239) 849-3663

    292 Total Sales

    Alex King
    Section Image
  • Dennis Wagaman

    Seller Co-Listing Agent in 2020

    Dennis Wagaman

    Premiere Plus Realty Company

    (239) 940-7749

    102 Total Sales

    Dennis Wagaman
    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 220042914

Multiple Listing Service of Bonita Springs-Estero
Florida Lee County Fort Myers 33916 Billy Creek

3810 Lora St, Fort Myers, FL

This home is located at 3810 Lora St, Fort Myers, FL 33916 since 03 July 2020. This property was built in 1980. 3810 Lora St is a home located in Lee County with nearby schools including Edgewood Academy, Tice Elementary School, and Orange River Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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