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Investor Special – Tenant in Place | 11.2% Cap Rate (NOI $28,000/yr) Charming 2-bed, 2-bath home in central Fort Myers with a tenant in place at $2,500/month, generating $28,000 in annual Net Operating Income. This well-maintained single-family residence offers approximately 930 sq ft of interior living space plus a 214 sq ft screened porch—perfect for relaxing, entertaining, or enjoying the outdoors year-round. Interior features include tile flooring throughout, central A/C, laundry hookups, and a fully fenced yard ideal for pets, gardening, or outdoor living. The kitchen comes equipped with an oven and refrigerator, with room to upgrade or personalize. Situated on a quiet street just minutes from Located on a quiet street, youre just minutes from Franklin Park Elementary, Dunbar High, and Lee Memorial Hospital. Convenient access to Edison Mall, Downtown Fort Myers, grocery stores, and dining. Quick connections to I-75, US-41, and RSW Airport. Recreation options abound nearby with Centennial Park, the Caloosahatchee River, and IMAG Science Center. Perfect for first-time buyers, downsizers, or investors. Don’t miss this opportunity—schedule your private tour today!
Property Details
Price: $250,000
Sq Ft: 930
($269 per sqft)
Bedrooms: 2
Bathrooms: 2
City: Fort Myers
County: Lee
Type: Single Family
Development: Ridgewood Park
Acres: 0.18
Year Built: 1965
Listing Number: 225058482
Status Code: A-Active
Taxes: $2,869.00
Tax Year: 2024
Garage:
Furnishings: Unfurnished
Pets Allowed: Yes
Total Recurring Fees: $0
Interior Features:
Built In Features
Closet Cabinetry
Living Dining Room
Tub Shower
Amenities:
Sidewalks
Financial Information:
Taxes: $2,869.00
Tax Year: 2024
Exterior Features:
Fence
None
Patio
Equipment:
Built In Oven
Electric Cooktop
Freezer
Refrigerator
School Information:
Elementary School: James Stephens International Academy
Middle School: Oak Hammock Middle School
Junior High: Oak Hammock Middle School
High School: Riverdale High School
Additional Information:
Building Description: Other, Ranch, One Story
MLS Area: Fe02 - East Fort Myers Area
Total Square Footage: 994
Total Floors: 1
Water: Public
Construction: Brick, Block, Concrete
Short Sale: No
Date Listed: 2025-06-24 16:51:52
Furnished: Unfurnished
Windows: Display Windows
Parking: Driveway, Paved, Detached Carport
Garage Spaces: 0
Flooring: Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air, Electric
Storm Protection: None
Irrigation: None
Pets: Yes
Restrictions: No Restrictions
Sewer: Septic Tank
Lot Desc.: Corner Lot
Amenities: Sidewalks
Map of 873 Van Buren St, Fort Myers, FL 33916
Listing Courtesy Of: Home Sold Realty Llc
homesoldrealty@gmail.com