$820,000

About This Property

This high revenue generating quad is a must see! This 2003 built 4-plex on a huge, oversized corner lot, has a brand new roof, brand new exterior paint, 2 units have new flooring, 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). City sewar and water with ALL assessments paid. This property has been very well maintained by the owner and the property manager.

infoProperty Details

Property Type

Quadruplex

Year Built

2003

Lot Size

0.38 acres

Bedrooms

8

Bathrooms

4

Days on Market

72

Cumulative DOM

187

List Date

Apr 27, 2023

Sold Date

chairInterior Features

yardExterior & Lot

Mortgage calculator

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

Listed By

Bartomeo Realty

239-220-0735