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239-896-3437
Real Estate Company
4562 Tennyson Drive, North Fort Myers, FL 33903
- $298,900
- 3
- BD
- 2
- BA
- 1,210
- SqFt
- List Price
- $298,900
- Listing Price
- $298,900
- Price Change
- ▼ $20,100 1792181591
- Days on Market
- 57
- MLS#
- 2026037877
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,210
- Property Class
- Single Family Residential
- Building Design
- Single Family
- Status Type
- Resale
- Status
- ACTIVE
- County
- Lee
- Region
- FN04 - North Fort Myers Area
- Development
- North Fort Myers
- Subdivision
- North Fort Myers
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!
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Additional Information
- Year Built
- 1969
- Carport Spaces
- 1
- furnished
- Unfurnished
- Pets
- Yes
- Amenities
- Other
- Community Type
- Non-Gated
- View
- City
- Waterfront Description
- None
- Building Description
- 1 Story/Ranch
- Lot Size
- 0.219
- Construction
- Block, Concrete, Stucco
- Rear Exposure
- N
- Roof
- Shingle
- Flooring
- Tile
- Exterior Features
- Security/High Impact Doors, Other
- Water
- Assessment Paid, Public
- Sewer
- Assessment Paid, Public Sewer
- Cooling
- Central Air, Electric
- Interior Features
- Other, Shower Only, Separate Shower
- Furnished Description
- Unfurnished
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The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS Listing Service. Properties listed with brokerage firms other than our company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. Data last updated .