4562 Tennyson Dr, North Fort Myers, FL 33903

$319,000
3
BD
2
BA
1,210
SqFt

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List Price
$319,000
Listing Price
$319,000
Days on Market
28
MLS#
2026037877
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,210
Total Area
1,210
Property Class
Single Family Residential
Building Design
Single Family Residence
County
Lee
Region
FN04 - North Fort Myers Area
Development
North Fort Myers
Subdivision
North Fort Myers

Property Description

GREAT OPPORTUNITY for investors, first-time buyers, or anyone looking for a beautifully remodeled home with immediate rental income and significant future upside! This spacious 3-bedroom, 2-bath property consists of a 2-bedroom, 1-bath main home plus a separate 1-bedroom, 1-bath studio with its own private entrance. The studio is currently rented for $1,000/month to excellent tenants who are reliable and consistently pay on time. The main 2/1 was previously rented for $1,750/month, easy to show. The property has been extensively updated with a NEW ROOF, completely remodeled kitchen and bathrooms, stainless steel appliances, A/C less than 3 years old, nearly new water heater, 24x36 tile flooring throughout, custom-made wood closets, LED lighting, and a large screened-in patio. One of the property's biggest advantages is the ADU potential. Plans and a permit application have recently been submitted to the City for approval for a fully legal ADU with separate electric and water meters. Once completed, the ADU could significantly increase the property's rental potential and turn this into an even stronger investment opportunity with multiple income-producing spaces. The property is being offered at the current list price before ADU construction begins. Once construction starts, the value and asking price will naturally increase. This property offers incredible flexibility: purchase it as an investment and benefit from the existing rental income, or live comfortably in the main 2/1 while keeping the studio rented for $1,000/month to help offset your monthly expenses. With the major renovations already completed, a separate income-producing studio, and the ADU process already underway, this is a tremendous opportunity with immediate income and substantial future investment potential. A fantastic first property or investment—don't miss it!

Additional Information

Year Built
1969
Carport Spaces
1
furnished
Unfurnished
Pets
No Approval Needed
Amenities
Non-Gated
View
City
Boat Access
None
Waterfront Description
None
Lot Description
Regular
Lot Frontage
50
Construction
Concrete Block, Stucco
Parking
Attached Carport
Roof
Shingle
Flooring
Tile
Windows
Other, Shutters
Water
Assessment Paid, Central
Sewer
Assessment Paid, Central
Cooling
Central Electric
Irrigation
Assessment Paid, Central
Interior Features
Other
Equipment/Appliances Included
Dishwasher, Microwave, Other, Range, Refrigerator/Freezer, Refrigerator
Master Bath Description
2 Masters, Shower Only
Total Tax Bill
$2,589
Tax Year
2025
Total Floors
1

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Calculator source: Real Geeks

Listing courtesy of South Florida Trust Realty, In.