3738 SE 9th PL, Cape Coral, FL 33904

Multi-Family for Sale
Catylist Listing ID: 30804936
Number of Units: 3 Units
Building Size (RSF): 2,444 SF
Gross Building Area: See Agent
Gross Land Area: 0.40 Acres
Sale Price: $499,000 - 515,000
Unit Price: $166,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 6/11/2022

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 Tri-Plex with over 43K in gross income with an excellent location close to downtown, not in a flood zone, off of Country Club between Cape Coral Parkway and Veterans. The building consists of two 2 bedrooms, 2 bath units and one 1 bedroom, 1 bath unit with separate electric meters, new exterior paint, large screened in lanais, an oversized lot, and brand new PVC sewer lines completed in 2022. Priced to sell so it won’t last long!

Attachments & Media

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $4,580 (Annual)
Gross Operating Income $43,500 (Annual)
Net Operating Income $28,704 (Annual)

Additional Details

Nearest MSA: Cape Coral-Fort Myers
County: Lee
Tax ID/APN: 064524C4004860410
Zoning: R3-D
Percent Occupied: 100%
Property Located Between: Off Country Club Blvd.
Site Description: Off of Country Club between Cape Coral Parkway and Veterans.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1965
Construction/Siding: Block, Concrete, Stucco
Exterior Description: Large screened in lanais for each unit.
Parking Type: Surface
Lot Frontage: 128 & 161
Lot Depth: 125 & 112
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,028 74,878 186,183
Median Age: 51.8 48.35 47.16
Households: 5,176 32,871 82,075

Contact

Photograph of Listing Agent

Jacklyn Rogers

Re/Max Trend
SWFLCA Member
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