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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 1792182453
Days on Market: 59
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
Status: ACTIVE
County: Lee
Region: FN04 - North Fort Myers Area
Development: North Fort Myers
Subdivision: North Fort Myers

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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!

(239) 776-6872

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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, Refrigerator/Freezer
Master Bath Description: 2 Masters, Shower Only
Total Tax Bill: $2,589
Tax Year: 2025
Total Floors: 1