NOT LISTED FOR SALE

5116 25th St SW Unit 5118 Lehigh Acres, FL 33973

Westminster Neighborhood
2 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold October 31, 2017

Last sale price $158,000

68 Days on Market

About This Home

As of October 2017

***PRICE REDUCTION**** ROOF REPLACEMENT SCHEDULED*** This property is a terrific income property. It generates tremendous rental income and rents are below market. Each one of these units because of their size can rent for $900+. Currently tenants have been with owner for over a year, currently on month-to-month. Each den has it's own door, effectively making them third bedrooms. Improvements made in the last 12 months: New central air conditioners (both units), new carpet (both units), freshly painted inside and out. Please do not disturb the tenants, contact listing agent first. Thank you!

Last Agent to Sell the Property

Jose Nunez

Imperial Realty of Naples, Inc Listed on: 07/21/2017

Last Buyer's Agent

Jose Nunez

Imperial Realty of Naples, Inc Listed on: 07/21/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • 2001

Lot Details

  • 0.27

Home Design

  • Duplex

Listing and Financial Details

  • Tenant pays for full electric

Community Details

Overview

  • Lehigh Acres Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,900
  • Net Operating Income $17,500

Property Details

Home Type

Multi-Family

Year Built

2001

Lot Details

0

Listing Details

  • Legal Description: LEHIGH ESTATES UNIT 2 BLK 6 PB 15 PG 82 LOT 21
  • Street View Param: 1$26.608737$-81.74640699999998$91.66$13.33$1.00$yyyEr3GWddHp4_E7fzonBg
  • Building Design: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2001

Interior Features

  • Flooring: Carpet, Tile

Exterior Features

  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Windows: Single Hung

Utilities

  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: LEHIGH ACRES

Association/Amenities

  • Units in Building: 2
  • Pets: No Approval Needed
  • Development: Lehigh Acres

Lot Info

  • Lot Description: Regular
  • Lot Dimensions: 123 X 99 X 99 X 123
  • Lot Back: 99
  • Lot Frontage: 123
  • Lot Left: 99
  • Lot Right: 123
  • Lot Unit: 21
  • Section: 31
  • Zoning Code: RM-2

Rental Info

  • Tenant Pays: Full Electric

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Developmen

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 20400.00
  • Annual Expenses: 2900.00
  • Annual Net Operating Income: 17500.00

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
10/31/2017 10/31/17 Sold $158,000 -8.7% --
09/27/2017 09/27/17 Pending -- -- --
08/20/2017 08/20/17 Price Changed $173,000 -3.4% --
08/17/2017 08/17/17 For Sale $179,000 0.0% --
08/15/2017 08/15/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $179,000 0.0% --
07/26/2017 07/26/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $179,000 -- --
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217046416

Naples Area Board of REALTORS®