$625,000
$675,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
0.34 Acres Lot
SOLD DATE : 06/10/2024
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Quadraplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 224026766
Sold Date 06/10/24
Bedrooms 6
Full Baths 6
Originating Board Naples
Year Built 1973
Annual Tax Amount $8,389
Tax Year 2023
Lot Size 0.344 Acres
Property Description
4 Plex! Excellent investment opportunity in beautiful Cape Coral, Florida. New roof installed 2023, newer upgraded A/C units, each unit with individual laundry rooms, Parking lot sealed in 2024, Exterior fully painted in 2024 and landscaped. Total in place rents grossing $5000/ month! With room to add value and increase rents to market. All units individually metered and tenants pay for water/sewer/electricity for minimal landlord expenses. Unit mix is (2) 2-bedroom 2- bathroom units and (2) 1-bedroom-1 bathroom units, each with Lanai and yard areas. Several units have misc interior updates. Also includes a large shed out back for storage. Won’t last, Don’t miss this value-add opportunity!
Location
State FL
County Lee
Area Cc12 - Cape Coral Unit 7-15
Zoning R3-D
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet, Tile
Exterior
Exterior Feature Patio, Storage
Community Features No Subdivision
Waterfront Description None
Roof Type Shingle
Private Pool No
Building
Lot Description Regular
Foundation Concrete Block
Sewer Assessment Paid
Water Assessment Paid
Others
Pets Allowed With Approval
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Bought with Byrnes Real Estate Group
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