2371 Le Ruth Drive

Ferry Pass FL 32514

1822 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Amazing real estate investment opportunity! This Triplex includes a 3 bedroom 2 bathroom, 2 bedroom/1 bathroom and Efficiency unit. All units come with new washer/dryer sets. This triplex is set up with tankless hot water heater. The amenities like separate entrances with outdoor spaces, new HVAC systems, marble countertops, farm sinks, luxury vinyl plank and hardwood floors add value and appeal to potential tenants. Being near Ferry Pass Bayou adds to its charm and potentially attracts renters seeking a unique location just off Nine Mile Road. Past rental income suggests units could make as much as $4300-$4700 monthly income. All units have Full Bathrooms with some upgrades. The potential to add another building with more units could significantly increase your rental income and overall return on investment. Just think what you could do with this property as a short term investment so close to West Florida Hospital and University of West Florida. Parents coming to town and students who may need housing equal great potential as well the market for short term locations have become a great money maker. And think about all the professionals in the area who may need a home away from home as they travel. All units are currently vacant so if you want to add this great offering to your investment portfolio before the units are rented out - Come quickly. If you want another option or a second investment take a look at MLS 639219 - 2370 Hencye Dr. adjacent property next door which is also for sale!