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521 NE 24th Place

Cape Coral, FL 33909
  • $950,000
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 222064098
Price Reduced
UPDATED: 36 min ago
$950,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1981
County:
Lee

School Ratings & Info

Description

GREAT OPPORTUNITY FOR INVESTORS!$80,400 annual gross income with room to increase. This Cape Coral 5 plex is for sale with 2 bedrooms 2 bathrooms in each unit. Over 1090 SQFTof living area per unit. Each unit has its own washer and dryer utility room. All lease are month to month. New kitchen and bathroom vanities in unit 3. Newer A/C units at all 5 apartments ranging from 2016 to 2022. New ductwork completed in unit 5 in 2021 and units 1 & 3 in 2017. 4 units have new water heaters. New shower doors in all 10 bathrooms. Tile throughout all units. Other upgrades include: firewall parapets between all units, new third nail upgrade to whole building, and new R30 insulation to whole building. Tenantspay their own electric bills. All utility assessmentsare in and paid.

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© 2022 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 Clausen Properties, Inc.. Data last updated 2022-12-06T12:32:32.97.
www.clausenproperties.com/homes/132820488
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521 NE 24th Place Cape Coral, FL 33909

  • Price: $950,000
  • Status: Active
  • On Site: 91 Days
  • Updated: 36 min ago
  • MLS #: 222064098
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1981
Built
Neighborhood:
Cc31 - Cape Coral Unit 17,31-36
County:
Lee
Area:
Cc31 - Cape Coral Unit 17,31-36
Property Description
GREAT OPPORTUNITY FOR INVESTORS!$80,400 annual gross income with room to increase. This Cape Coral 5 plex is for sale with 2 bedrooms 2 bathrooms in each unit. Over 1090 SQFTof living area per unit. Each unit has its own washer and dryer utility room. All lease are month to month. New kitchen and bathroom vanities in unit 3. Newer A/C units at all 5 apartments ranging from 2016 to 2022. New ductwork completed in unit 5 in 2021 and units 1 & 3 in 2017. 4 units have new water heaters. New shower doors in all 10 bathrooms. Tile throughout all units. Other upgrades include: firewall parapets between all units, new third nail upgrade to whole building, and new R30 insulation to whole building. Tenantspay their own electric bills. All utility assessmentsare in and paid.
Exterior Features

Covered Spaces 0 Waterfront Features None Waterfront YN No

Property Features

Current Use Multi-Family Development Name Gulf Access YN 0 Hoa Fee 0 Land Lease Amount 0 Lease Considered YN No Master Hoa Fee 0 Potential Short Sale YN N Property Condition Resale Property Sub Type Multi Family Restrictions Tax Annual Amount 5759.72 Tax Year 2021 Zoning Description R-3

Listing courtesy of Jessica Waddell of Cornerstone Coastal Properties: (239) 989-0111.


© 2022 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 Clausen Properties, Inc.. Data last updated 2022-12-06T12:32:32.97.
 
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