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502 NE 25th Avenue , 1-3

Cape Coral, FL 33909
  • $875,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 223067098
UPDATED: 75 min ago
$875,000
  • 6
    BEDS
  • 0.5
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Lee

School Ratings & Info

Description

Excellent investor opportunity for a rare furnished and fully leased quadraplex ideally located in an X-Flood zone. The property has undergone multiple upgrades including a new roof (2021) A/C, plumbing, and electrical upgrades, all-tile, side-by-side washer/dryer hook-ups in every unit, and so much more! Attached to the property is an additional lot that can be separated or build additional properties to add to your portfolio. All tenants work and will need at least 24 hours notice to show. Depending on tenant schedules, we may not be able to show all units at the same time. City Utilities in an paid.

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© 2023 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Domain Realty. Data last updated 2023-10-01T19:32:57.377.
www.domainrealtygroup.com/homes/143427756
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502 NE 25th Avenue , 1-3 Cape Coral, FL 33909

  • Price: $875,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 75 min ago
  • MLS #: 223067098
6
Beds
4
Baths
0
½ Baths
0.5
Acres
1984
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc31 - Cape Coral Unit 17,31-36
Property Description
Excellent investor opportunity for a rare furnished and fully leased quadraplex ideally located in an X-Flood zone. The property has undergone multiple upgrades including a new roof (2021) A/C, plumbing, and electrical upgrades, all-tile, side-by-side washer/dryer hook-ups in every unit, and so much more! Attached to the property is an additional lot that can be separated or build additional properties to add to your portfolio. All tenants work and will need at least 24 hours notice to show. Depending on tenant schedules, we may not be able to show all units at the same time. City Utilities in an paid.
Exterior Features

Architectural Style Other Construction Materials Vinyl SidingWood Frame Covered Spaces 0 Exterior Features CourtyardPatioRoom For Pool Irrigation Source Included in Assessment Lot Features OtherSee Remarks Lot Size Dimensions 160 X 135 X 160 X 135 Other Structures Outbuilding Patio And Porch Features Patio Roof Shingle Structure Type Quadruplex Waterfront Features None Waterfront YN No

Interior Features

Cooling Central AirCeiling Fan(S)Electric Flooring Tile Heating CentralElectric Window Features Single Hung

Property Features

Association Amenities None Association Fee 0 Association Fee2 0 Association Fee3 0 Development Name CAPE CORAL Gross Scheduled Income 70800 Gulf Access YN 0 Land Lease Amount 0 Listing Terms All Financing ConsideredCash Net Operating Income 53100 Operating Expense 17700 Pets Allowed Yes Pool Private YN No Potential Short Sale YN N Property Condition Resale Property Sub Type Quadruplex Restrictions Sewer Assessment Paid Spa YN No Tax Annual Amount 8857.14 Tax Block 1551 Tax Lot 36 Tax Year 2022 Tenant Pays Application FeeElectricityWater Water Source Assessment Paid Zoning Description R3-D

Listing courtesy of Marshall Reddick Real Estate.


© 2023 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Domain Realty. Data last updated 2023-10-01T19:32:57.377.
 
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