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
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Sale Price: |
$499,000 - 515,000 |
Unit Price: |
$166,333.33 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Average Occupancy Rate: |
100 |
Last Updated: |
6/11/2022 |
Overview / Comments
Looking for an investment property with cash flow? Annual Rentals are in high demand in Cape Coral and averaging 99% occupancy. Don’t miss this opportunity to own a Tri-Plex with over 43K in gross income with an excellent location close to downtown, not in a flood zone, off of Country Club between Cape Coral Parkway and Veterans. The building consists of two 2 bedrooms, 2 bath units and one 1 bedroom, 1 bath unit with separate electric meters, new exterior paint, large screened in lanais, an oversized lot, and brand new PVC sewer lines completed in 2022. Priced to sell so it won’t last long!
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Financials
Finance Data Year |
2022 |
Real Estate Taxes - Annual($) |
$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 |
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 |
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