Overview

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  • Status: Sold
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 52,000 ft2/4,830.96 m2
  • Price Per: $31.15 ft2/$335.34 m2
  • Type: Commercial/Investment
  • Built: 1981
  • HOA: No info
  • MLS Number: 222063466
  • View No info
  • On Site: 389 days
  • Updated: 389 Days Ago
  • Page Views: 0

Rarely available multi-family opportunity in Lehigh Acres Florida. Two buildings with eight units each. Total units: Twelve 2/1's Four 1/1's Currently owned as condos will be deconverted by terminating the condo docs at or after closing by the buyer. Great opportunity once converted to full rentals at current market price of $950-$1,000 for a 1/1 and $1250-$1450 for a 2/1 All have units have washer/dryer connections and have washers and dryers in each unit except possibly one. Most have been well maintained. Nine units are rentals Seven are owner occupied. Once stabilized and any necessary repairs completed this property can bring in between $225,600 and $256,800 gross annually at current market rental rates, with minimal maintenance costs aside from landscaping and exterior cleaning. Asking $1,800,000 NCNDA to be signed prior.

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Price History

DateEventPriceChange RatePrice Per
N/APrice Reduced$1,620,000.0042.1%$31.15 ft2/$335.34 m2
08/24/2022Listed$2,800,000.00$53.85 ft2/$579.60 m2

Features

Property Details for Heritage Manor C/E, Lehigh Acres, FL 33936

Commercial/Investment current status is Sold, Heritage Manor C/E is a Commercial/Investment in , Lehigh Acres, FL 33936 with property MLS ID# 222063466. This Commercial/Investment has been listed on Best of Luxury Realty since April 03, 2023 and is currently priced at 1,620,000. This property was built in 1981.

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Tracey Schmitt, Broker
Best of Luxury Realty

Tracey Schmitt is the principal Broker for Best of Luxury Realty, a boutique real estate brokerage, serving Miami-Dade, Broward & Palm Beach counties. Her motto is "100% Loyalty, 100% of the Time!" Tracey and her team of real estate professionals are ready to assist whether you are looking to Buy or to Sell, we would like to earn your business!

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