Overview

Property ID: 224087314

Quadruplex, Residential Income
Property Type

8
Bedrooms

8
Bathrooms

1981
Year Built

Description

AMAZING 4-plex opportunity for the savvy investor. 2 unique duplex buildings facing each other. Every unit is spacious 2 bedrooms and 2 baths. Look at the gross rent rates – $81,400/year! Look at the property condition! Perfect location in Cape Coral! Wonderful tenants on attorney written leases. New impact glass windows, 2015 roof with zero roof damage in recent storms, 2 newer AC units, 2 newer water heaters, 1 new tub with tile surround. Every unit has been painted and cleaned within the past 3 years or sooner. Tile or LVP floors throughout – no carpet. Refrigerator, range, microwave and dishwasher and washer/dryer hookups in each unit. Unit D’s washer and dryer transfer with sale. Tenants pay for water/sewer and electric minimizing owner expenses. Assessments paid. Not in a flood zone either. Property has been professionally managed since May 2021. This property is an ideal addition to any investment portfolio. Owners will be doing a 1031 exchange. Call today to see for yourself.