937 SE 23rd Place 1-5, Cape Coral, FL 33990
sale
$825,000
|
Other
Courtesy Of Land Solutions Inc
Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets. The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $94,200. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer. - Hurricane resistant impact windows (2025) - Renovated bathrooms (2025) - All new A/C units (2024-25) - New roof (2023) - Parking lot reseal & stripe (2023) - Full exterior paint (2023)
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Property Features
- Age: 41-50 Years Old
- Floors: 1
- Legal Description: CAPE CORAL UNIT 18 BLK 1399 PB 13 PG 108 LOTS 3 4 + 5 + VAC INST# 2008000115643
- MLSID: 2026026678
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