Investment property with cash flow!
Multi-Family
for Sale
| Catylist Listing ID: |
30722440 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
2 Units |
| Building Size (RSF): |
1,600 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$275,000 |
| Unit Price: |
$137,500 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/12/2021 |
Overview / Comments
|
Looking for an investment property with cash flow? Annual Rentals are in high demand in Cape Coral and averaging 99% occupancy. Don’t miss this opportunity to own a Duplex with 30K in gross income with an excellent location in the CRA district close to downtown Cape Coral. The building consists of two 2 bed, 2 bath units with separate electric meters on an oversized lot. Major updates include, new roof and carport, new exterior paint, updated electrical, and updated kitchen. Schedule your showing today!
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Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$4,104 (Annual) |
| Potential Rental Income |
$30,000 (Annual) |
| Gross Operating Income |
$4,026 (Annual) |
| Net Operating Income |
$21,870 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Cape Coral-Fort Myers |
| County: |
Lee |
| Tax ID/APN: |
124523C3003190470 |
| Percent Occupied: |
100% |
| Site Description: |
Excellent location in the CRA district close to downtown Cape Coral. |
| Number of Stories: |
1 |
| Year Built: |
1968 |
| Construction/Siding: |
Concrete |
| Laundry: |
In Each Unit |
| Air Conditioning: |
Window Unit |
| Zoning Description: |
R3-D |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,184 |
63,687 |
156,194 |
| Median Age: |
52.04 |
50.4 |
49.52 |
| Households: |
6,080 |
28,793 |
70,044 |
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