$1,649,000
For Sale

1185 Cherrystone Court #A

Naples, FL 34102
8 beds | 8 baths | 0.23 acres | #225047342
Browse 31 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

1185 Cherrystone Ct units A-D are four properties with four legal descriptions and four tax identification numbers being sold as a package. One combined package including all four properties. As straightforward of an investment property as you will see. Quadraplex: 4 unit investment property. All four units are 2 Bedrooms, 2 baths and 956 square feet. Three units are currently rented on annual basis for $2600 a month. Back unit on North side is vacant and available to see. 75 feet of canal frontage in the back of the property currently occupied by two boats. Financials for the three existing leases are available. Approximately $125,000 invested after 2023 flood including brand new dock and patio area ($60,000), and four all new kitchens and flooring and updated bathrooms. Tiled floorings updated in all four units as well.

  • Property Details
      • StyleRanch, Quadraplex
      • SubdivisionCHERRYSTONE COURT
      • FoundationPoured Concrete
      • Property TypeMulti-Family
      • Waterfront TypeCanal Front
      • Property SubtypeQuadruplex
      • Structure TypeQuadruplex
      • Exterior MaterialsBoat Slip
      • MLS #225047342
      • MLS #225047342
      • Lot DescriptionRegular
      • Utility SourceCentral
      • CountyCollier
      • Taxes Annual$12,393
      • Cost1649000
      • Acres0.23
      • Year Built1983
      • Bedrooms8
      • Bathrooms8
      • Full Baths8
      • Waterfront1

Location

John D Newman | John R Wood PropertiesReal Estate Group
OR

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