27071/ 27075 WASHINGTON ST, PUNTA GORDA, FL, 33983
$425,000
Residential Income
Living Area
2,104 Sqft
Lot Size
9,999 Sqft
Turnkey Duplex – Cash Flowing Investment in Rapidly Growing Punta Gorda! Investor alert! This 2023-built concrete block duplex is fully leased and generating strong income, offering a low-maintenance, investment property in a thriving Florida market. Each unit spans 1,048 sq ft and includes 2 bedrooms, 2 bathrooms, and an open floor plan with 5 total rooms. Modern conveniences abound—refrigerator, electric range, microwave, dishwasher, garbage disposal, central A/C, and in-unit laundry hookups. Tenants enjoy a quiet, open backyard and convenient access to the Peace River, while being just minutes from vibrant downtown Punta Gorda. Situated outside the flood zone with city water, electric utilities, water softener and septic, this property is as practical as it is profitable. Both units are leased through March 2026 to long-term tenants. 2024 gross rental income totaled $42,695, with low annual expenses: insurance at $1,280.19, taxes at $7,629.61, and professional management Located squarely in the path of progress, this duplex is perfect for investors seeking immediate cash flow and long-term appreciation. Don’t miss this opportunity!
Property Details
Property Features Property Features
MLS ID: MFRTB8383259 Year Built: 2023
Community Features: Street Lights Construction Materials: Block
Cooling: Central Air Country: US
County Or Parish: Charlotte Exterior Features: Private Mailbox, Sidewalk
Financial Data Source: Owner Foundation Details: Slab
Heating: Central Laundry Features: Electric Dryer Hookup
Lease Term: Twelve Months Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA Other Equipment: Irrigation Equipment
Parking Features: Curb Parking, Garage Door Opener, Ground Level Possession: Close Of Escrow
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: Septic Tank Showing Requirements: Appointment Only, Call Before Showing, Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Sewer, Trash Collection, Water
Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected Water Source: Public
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