603 SE 46th Ln. #605, Cape Coral, FL 33904

603 SE 46th Ln. #605, Cape Coral, FL 33904
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