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$ 874,900
Est. payment /mo
Active Under Contract
Address not disclosed Other City - In The State Of Florida, FL 33914
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID F10379701
Style Fourplex
Construction Status Resale
Year Built 2003
Annual Tax Amount $7,043
Tax Year 2021
Property Sub-Type Fourplex
Property Description
This high revenue generating quad is a must see! This 2003 built 4-plex on a huge, oversized lot, has a brand new roof, brand new exterior paint, and 2 newer AC's (2020 and 2022)! Each unit is 2bd x 1ba for a total of 8bd x 4 ba in the 3,420 sq feet. Lots of parking and green space for our long-term tenants. LOCATION! Located in beautiful SW Cape Coral this property is close to all that the city has to offer. With current rent increase the project gross revenue will be $69,300. Proforma gross revenue is $76,560. All units are occupied with long term tenants with FANTASTIC tenants and PROPERTY MANAGEMENT (ZERO late payments by any tenant is over a YEAR). Cite sewar and water with ALL assessments paid. This property has been very well maintained by the owner and the property manager.
Location
State FL
County Lee County
Area Other Geographic Area (Out Of Area Only)
Interior
Heating Central Heat
Cooling Ceiling Fans, Central Cooling
Flooring Carpeted Floors, Tile Floors
Exterior
Roof Type Comp Shingle Roof
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Bartomeo Realty