22040 FELTON AVE, PORT CHARLOTTE, FL 33952

$349,000

Active · 45 days on market · MLS# MFRC7519634

Bedrooms5
Living area1,748 sq ft
Lot size0.17 acres
Year built1961
Property typeDuplex
Private poolYes
WaterfrontYes
Annual taxes$1,057
CountyCharlotte

About this home

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.

Listing courtesy of Beverly Back, RE/MAX PALM REALTY. Presented by MC Homes Realty Inc · 727432218.

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