4562 Tennyson DR, North Fort Myers, FL 33903

$298,900
3
BD
2
BA
1,210
SqFt

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List Price
$298,900
Listing Price
$298,900
Price Change
▼ $20,100 1792182420
Days on Market
57
MLS#
2026037877
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,210
Lot Size
9,540
Property Class
Single Family Residential
Building Design
Single Family Residence
Status Type
Resale Property
Status
ACTIVE
County
Lee
Region
FN04 - North Fort Myers Area
Neighborhood
North Fort Myers
Development
North Fort Myers
Subdivision
North Fort Myers

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY! This income-producing property currently generates $2,650 in gross monthly rental income ($31,800 annually), featuring a remodeled 2-bedroom, 1-bath main home rented for $1,650/month and a separate 1-bedroom, 1-bath studio rented for $1,000/month. Major improvements include a NEW ROOF, remodeled kitchen and bathrooms, stainless steel appliances, newer A/C and water heater, tile flooring, and screened patio. THE REAL VALUE: CITY-APPROVED PLANS FOR A 2-BEDROOM, 1-BATH ADU WITH SEPARATE WATER AND ELECTRIC METERS! Once completed, the property could generate an estimated $4,300/month or $51,600 in gross annual rental income from THREE separate rental spaces. That's approximately 62% more gross rental income than currently generated! The property is offered with the ADU still unbuilt, allowing the next owner to capitalize on the approved plans and unlock significant additional income potential. Immediate cash flow, substantial upside, and the opportunity to own a three-income-stream investment. A DEAL WORTH A CLOSER LOOK!

Additional Information

Tax Year
2025
Year Built
1969
Carport Spaces
1
furnished
Unfurnished
Pets
Yes
Community Type
Non-Gated
View
City
Boat Access
None
Waterfront Description
None
Building Description
1 Story/Ranch
Lot Size
0.219
Restrictions
None/Other
Rear Exposure
N
Roof
Shingle
Flooring
Tile
Water
Assessment Paid, Central
Cooling
Central Electric
Interior Features
Other
Equipment/Appliances Included
Dishwasher, Microwave, Other, Range, Refrigerator, Refrigerator/Freezer, Washer/Dryer Hookup
Rooms
Other
Storm Protection
Impact Resistant Doors, Other, Shutters
Furnished Description
Unfurnished

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Courtesy of South Florida Trust Realty, In.

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