4932 Vincennes St. #A-B, Cape Coral, FL 33904

4932 Vincennes St. #A-B, Cape Coral, FL 33904
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$449,000
Sold on 7/23/21
Beds Baths Sq. Ft. Taxes Built
4 4.00 0 $4,475 1961
On the market: 175 days
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Buyer decided they wanted a single family....??? His loss is your gain! BACK ON MARKET Waterfront property renting as 3 units. 1 efficiency, 1 one bedroom one bath, and 1 two bedroom two bath. The structure intersects the canal allowing the two bedroom, two bath, canal side, "owners unit" to have exclusive use of the backyard and dock. Dependable and responsible tenants in the street side units pay $850 and $1075 per month. Great set up for an owner looking to use their unit seasonally while enjoying great monthly income. Rent Air B&B when not in residence. Extra large lot (160 x 80 ) on a wide canal allows plenty of room for your canal side pool and outdoor living. Only a short boat ride to the open river and Gulf of Mexico. Dock in place. Quite area within walking distance to the Yacht Club beach and downtown Cape Coral. Move in to the owners unit and let the tenants pay your mortgage and utilities. ($375,000 mortgage at 3.5%, 30 year = $1684 per month. Monthly income from tenants in place is $1925.)
Listing courtesy of Patrick Mulcahy, MVP Realty Associates LLC