$900,000

About This Property

HUGE PRICE REDUCTION! BEST PRICE, PPSF & ROI IN CAPE CORAL! Well maintained, unique 9 bed/ 8 bath, 5,021 square feet , QUAD/ 4 unit on an oversize corner w private balconies & back yards in the highly sought Bimini Basin of SE Cape Coral. Just freshly painted this year, the 3 dimensional roof was installed in 2006, all 4 a/c units were replaced in 2014 and 2015 and have been on service contracts ever since, 3 of the 4 units were re-plumbed in 2018 and 2019 & 2 baths were extensively remodeled as well as other upgrades throughout: new flooring, resurfaced cabinets, granite countertops. Unit #1 is a 2 bedroom/2 bath unit with 1,060 square feet. Unit #2 is a 2 bedroom/2 bath unit with 1,114 square feet. Unit #3 is a 2 bedroom/2 bath unit with 1,190 square feet & Unit #4 (upstairs) is a 3 bedroom/2 bath unit with 1,658 square feet. Property has plenty of parking & a large storage unit not being used or rented. Market value gross income should be $72,000 however some tenants have been here for years with lower than market rent so the total Annual gross income currently is $56,880. LOW taxes, LOW flood Ins, No HOA, NO CDD & city water & sewer assessments are PAID!

infoProperty Details

Property Type

Quadruplex

Year Built

1981

Lot Size

0.33 acres

Bedrooms

9

Bathrooms

8

Days on Market

28

Cumulative DOM

35

List Date

Jun 23, 2022

Sold Date

chairInterior Features

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Elite Florida Realty Inc

239-321-6000