4015 Se 19th Avenue Unit 5-9, Cape Coral, FL 33904
- $950,000
- 9
- BD
- 5
- BA
- 4,240
- SqFt
- List Price
- $950,000
- Status
- Active
- Days on Market
- 85
- MLS#
- A4693375
- Property Style
- Quadruplex
- Year Built
- 1978
- Bedrooms
- 9
- Bathrooms
- 5
- Living Area
- 4,240
- Lot Size
- 15,769
- Acres
- 0.36
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Cape Coral
- MLS Area Major
- Cape Coral
Property Description
Excellent opportunity to acquire a well maintained 5 unit multifamily property in a desirable Southeast Cape Coral location. This income producing asset features a strong unit mix of one 1 bedroom unit and four 2 bedroom units, appealing to a wide range of tenants. The property is currently generating solid rental income with several units below market, providing a clear path for increased returns through rent adjustments. Recent interior updates in select units enhance tenant appeal and support higher rental potential. Take advantage of the existing cash flow or explore the potential for short term rental use. Ideally located within walking distance to the newly renovated Jaycee Park, offering added lifestyle appeal for tenants and guests alike. Situated in an established residential area with convenient access to shopping, dining, and major roadways, the property benefits from consistent rental demand and strong occupancy trends. The layout offers functional living spaces, ample parking, and a clean, well cared for appearance that minimizes immediate capital needs. This property is well suited for investors seeking a combination of current income and future upside, with the potential to increase gross income by bringing rents to market levels in a growing Southwest Florida market.
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Additional Information
- Taxes
- $8612
- Annual Gross Income
- 88140
- Community Features
- No Deed Restriction
- Zoning
- RML
- Interior Layout
- Other
- Interior Features
- Other
- Utilities
- Cable Available, Cable Connected, Electricity Connected
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Exterior Features
- Courtyard
- Roof
- Membrane, Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- AE
- Parcel ID
- 08-45-24-C1-00385.0160
- Legal Description
- CAPE CORAL UNIT 7 BLK 385 PB 12 PG 112 LOTS 16 THRU 18
Listing courtesy of EPIQUE REALTY, INC.. FLBroker@EpiqueRealty.com
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