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.
MLS# | F10379701 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 2003 |
Days On Site | 495 |
Listing Provided By | Bartomeo Realty | Adam Bartomeo |
Story(s) | 1 |
---|---|
Units | 1 |
State | FL |
---|---|
County | Lee County |
City | Other City - In The State Of Flo |
Zip Code | 33914 |
Area | 5940 |
Subarea | Other Geographic Area (Out Of Area Only) |
Community Name | Cape Coral |
Listing VS Median (in Cape Coral) | |
Price: $874,900 low | high Med: $459,000 On Site: 495 low | high Med: 209.000000 |