22040 FELTON AVENUE at

22040 FELTON AVENUE

For sale Days on market 45

$349,000

$200/sq ft

$30,000
Price Decreased

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Overview

Bedroom

Year Built

1961

Sqft

1748

Property Type

Duplex

Property Description

AMAZING INCOME OPPORTUNITY!-HIGH PERFORMING INCOME PROPERTY! This beautiful fully updated 4 bedroom, 2 bath residence is already operating smoothly as a lucrative rental and is being offered with active leases in place. Designed for income efficiency, the home is fully leased, creating multiple revenue streams and reducing vacancy risk. Recent renovations mean no deferred maintenance, and the property is ready to continue producing income immediately after closing. With current performance delivering an estimated 13.2 % capitalization rate, this asset stands out as a rare find in today’s rental market. Located in a NON FLOOD ZONE X and centrally located in Port Charlotte close to everything, Hwy 41 and I 75. This property offers both operational simplicity and long-term investment appeal. Ideal for investors seeking dependable returns without the headaches of a renovation or lease-up phase.

Property Details

MLS#

C7519634

Address

22040 FELTON

City

Port Charlotte

State/county

Zip/Postal Code

33952

Area

Port Charlotte Sec 033

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,056

Maint Fee

$--

Tax Year

2024

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