Photo 1 of 16
$430,000
Sold on 6/03/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
4 |
4.00 |
0 |
$3,699 |
1965 |
On the market:
582 days
|
View full details, 15 photos, school info, and price history
BUYER FINANCING FELL THROUGH. 4 unit money maker in downtown Cape Coral. Fully leased to great tenants and grossing $3750 per month. Walking distance to Downtown Cape Coral restaurants, shopping, bars, and festivals. Renovated carport, large corner lot and a shady backyard with a beautiful Mango tree. New roof. All tile throughout, new electric panels and hot water heater. Energy efficient window A/C units. Laundry hook ups in the shed would be ideal for coin op laundry for additional income. Property has a current cash on cash return of almost 10% with a 75% LTV, market rate loan.
Financial analysis is attached.
Listing courtesy of Patrick Mulcahy, MVP Realty Associates LLC