3318 Del Prado BLVD S CAPE CORAL, FL 33904

About This Property

Fully occupied, bringing in $81,600 annual gross income! Don’t miss this lucrative investment opportunity nestled in picturesque Cape Coral! This multifamily gem boasts a total of 6 units spread across 4,530 square feet, comprising (2) 2-bedroom/1-bathroom units and (4) 1-bedroom/1-bathroom units, and is currently 100% occupied with great long-term tenants, ensuring stable income for savvy investors. Maximize your cash flow with separate water and electric meters for each unit, while enjoying the landlord-provided appliances including washer and dryer in every apartment. Plus, rest easy knowing the roofs are new in 2022, and all air conditioners have been recently updated. Positioned with 120 feet of frontage on Del Prado, this property offers unparalleled visibility, while renters benefit from easy access to major commuting routes. Positioned in a desirable location outside of flood zones and with great long-term tenants already in place, this multifamily investment opportunity in Cape Coral is a must-have for investors seeking stable returns and long-term success!

infoProperty Details

Property Type: Multi-Family: 5+ Units
Year Built: 1971
Lot Size: 0.34 acres
Days on Market: 111
Cumulative DOM: 161
List Date: Mar 27, 2024
Sold Date: Aug 30, 2024
Annual Taxes: $10K (2023)

chairInterior Features

Cooling

Each unit has an individual air conditioner

Heating

Each unit has an individual air conditioner

yardExterior & Lot

Waterfront

None

$800,000