💰 Student housing, 8-bed rental + 2 cash cows

$2,100/mo verified income + turnkey duplex + 2 sleepers

This week's deals include a 5-bed college duplex on a 9,583 sq ft corner lot, a cash-flowing Miami duplex with verified $2,100/mo income, an 8-bed multifamily room rental opportunity, and a zero-renovation duplex with new appliances.

Pure distressed asset arbitrage with clear value-add paths — whether you're targeting student housing yields, maximizing immediate cash flow, or scaling room rental strategies for workforce housing plays.

Free readers get the 5-bed duplex, paid get all 4.

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Distressed Deals of The Week

🎓 College Town Corner Duplex

This bank-owned duplex delivers 2,060+ sq ft across 5 bedrooms on a premium 9,583 sq ft fenced corner lot, all for just $213.75K.

With rent potential hitting $1,527/mo and prime university proximity, this vacant REO offers immediate renovation upside with massive lot for parking or expansion — perfect for student housing strategy.

💰 Instant Cash Flow Duplex with Verified Income

Partially renovated 5-bed duplex with 1,910 sq ft featuring verified $2,100/mo rental income from existing tenant plus owner-occupied unit potential.

CBS construction, separate utilities, and stadium proximity create instant cash flow opportunity with second unit optimization upside — ideal for house-hacking investors.

🏠 8-Bed Room Rental Goldmine

This pre-foreclosure multifamily offers 2,704 sq ft across 8 bedrooms and 4 baths on a 5,000 sq ft lot, available through auction process.

Room rental strategy could generate $3,000-4,000/mo from this concrete block structure — maximum leverage opportunity for experienced foreclosure investors seeking workforce housing plays.

🔧 Turnkey Duplex with New Appliances

This foreclosed duplex features 4 bedrooms across two separate units with new appliances, private laundry rooms, and 8,930 sq ft corner lot positioning.

$2,025/mo rent potential suggests 8.8% gross yield with immediate income from turnkey units plus house-hacking potential — perfect for first-time duplex investors.

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1111 Palm Ave, North Fort Myers, FL 33903

🏠 Foreclosed duplex featuring 4 beds, 2 baths across two separate units — listed at $274,900 on a spacious 8,930 sq ft corner lot.

Built in 1956, this income-generating property offers two 2-bedroom/1-bath units with new appliances, private laundry rooms, carport, and screened lanai, delivering immediate rental income potential in desirable North Fort Myers location.

💡 Pro Tip: You're getting a turnkey duplex with $2,025/mo rent potential for just $274.9K. The Rent Zestimate suggests 8.8% gross yield, perfect for house-hacking or pure investment play.

💰 Financial Snapshot

• Est. Market Value: $260,000 Zestimate (5.7% above asking)

• Purchase Status: In foreclosure, active listing

• Current Ask: $274,900

• Layout: 4 bed / 2 bath duplex (2 units of 2BR/1BA each)

• Building Size: Not disclosed

• Lot Size: 8,930 sq ft (0.21 acres)

• Year Built: 1956

• Price per Sq Ft: Not available (no sq ft disclosed)

• Rent Zestimate: $2,025/mo

• Annual Taxes: $2,447

• HOA: None

⚠️ Heads Up

• No square footage disclosed raises red flags about actual size and value metrics.

• 1956 construction may require electrical, plumbing, and HVAC updates despite "new appliances."

• Block/stucco construction typical for Florida but check for foundation settling or moisture issues.

• High interest (616 views, 59 saves) suggests competitive bidding likely.

🏆 Best for:

• House-hacking investors seeking live-in duplex opportunity

• Cash-flow focused investors targeting Florida rental market

• First-time real estate investors wanting turnkey income property

Why it works:

• Corner lot provides privacy and potential expansion opportunities

• Two separate units allow flexible rental or owner-occupant strategies

• North Fort Myers location offers strong rental demand

• New appliances reduce immediate capital expenditure needs