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Properties for sale in the SOUTH TAmiami sub HEIGHTS Subdivision, Naples, FL

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3616 SEMINOLE, NAPLES, FL

3616  SEMINOLE,  NAPLES, FL List Price: $375,000   |   Bed:   |   Bath:0.00

This is actualy 7 units!!!Cash flow dream 7 unit rentals in Naples,FL.Solid built concrete block construction and metal roof Consists of three duplexes and a free standing unit. Steps away from Wallmart,Bells,Collier County Government Center, 3 miles to downtown Naples. All units have electric metar.Off US41, east of Airport Road intersection, across from theCourthouseMLS allowes only to place single,duplex,triplex or quadriplex.This has 7 units.3 duplexes(3one br 3 two br)1 free standing efficiency unitTax is $1960Insurance $2500water $2000Dumpster $ 500Lawn $ 400.Total annual expense $7360Rent is $550 for studio3 x 1br are renting $650=$19503 x 2br are renting $750=$2250Income at 100% occupancy $4760/month x 12mos=$57,120Net income $57,120-$7,360=$49,760NOI$49,760 / Price $375,000=13.27% Cap rate SOUTH TAMIAMI HGTS BLK B LOTS 5-7 OR 1678 PG 2284
NA09 - South Naples Area

broker reciprocity  Listing Office: Sun Realty | MLS ID#: 212007437

3616 SEMINOLE, NAPLES, FL

3616  SEMINOLE,  NAPLES, FL List Price: $650   |   Bed:1   |   Bath:1.00

Great location 1br available immedietly,pets with aproval! SOUTH TAMIAMI HGTS BLK B LOTS 5-7 OR 1678 PG 2284











NA09 - South Naples Area

broker reciprocity  Listing Office: Sun Realty | MLS ID#: 211524326