Photo 1 of 1
$380,000
Sold on 8/07/17
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 8 |
8.00 |
0 |
$4,817 |
1980 |
|
On the market:
103 days
|
View full details, photos, school info, and price history
Photos coming soon! Fully occupied 4-plex, a little west of Cape Coral City Hall, Cape Coral Police Department, and main U.S. Post Office, well located within the sphere of "city center" government offices. Large units of apprx. 1130 square feet plus screened-in porches keep these units constantly in demand and fully rented. Current rents are well below market rate. They are $830, $850, $860, and $870, so there is excellent upside potential. Units are in excellent condition, as many improvements were completed within the past 12months. 

Great location + 100% occupancy + upside potential + 7.4% CAP rate = Excellent Investment
Listing courtesy of Patti Porter Martin & Christina Porter, ERA Cape Realty & ERA Cape Realty
