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Triplex Investment Opportunity! This property represents an exceptional investment, featuring carefully newly renovated units and an excellent location that maximizes its desirability and has the potential to generate long-term returns on your investment. One of the major advantages of this property is the ability to diversify your investment portfolio by renting it out annually, seasonally, or for short-term stays without the constraints imposed by an HOA. The extensive updates include a New Roof, New Impact Resistant Windows & Doors, LVP flooring, Stucco, New Modern Kitchen and fully renovated Bathrooms. These renovations not only enhance the property's aesthetic appeal, but also ensure that OWNERSHIP COSTS REMAIN LOW. Perfectly positioned in the heart of a rapidly growing area, such as the Naples Botanical Garden, Sugden Park on Avalon Lake, & the East Naples Community Park - which hosts the Pickleball Championships. Additionally, close to vibrant destinations like 5th Ave South & 3rd St South, and White Sandy Beaches of the Gulf. The property is unoccupied and available for immediate income-generating potential, and discover why Naples is a hotspot for investors!
| DAYS ON MARKET | 125 | LAST UPDATED | 2/22/2024 |
|---|---|---|---|
| TRACT | AVALON ESTATES | YEAR BUILT | 1984 |
| COMMUNITY | NA09 - South Naples Area | COUNTY | Collier |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Dec 28, '23 | $1,300,000 |
|---|---|
| Dec 28, '23 - Today | $1,150,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), CENTRAL AIR |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | NA09 - South Naples Area |
| HEAT | Central, ELECTRIC |
| LOT | 0.5 acre(s) |
| STYLE | 1 Story/Ranch |
| SUBDIVISION | AVALON ESTATES |
| TAXES | 5057.19 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Downing Frye Realty Inc.
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