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Key Details
Sold Price $2,320,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID A11300356
Sold Date 01/12/23
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1998
Annual Tax Amount $6,942
Tax Year 2021
Contingent No Contingencies
Property Description
This offering presents the opportunity to acquire 24th Ave Apartments, a fully occupied, 8-unit multi-family investment located in Cape Coral, Florida. This property offers a unit mix of (4) three bedroom apartments and (4) two bedroom apartments, each unit with (2) full bathrooms. Each three bedroom unit is a spacious 1,212 square and two bedroom units 1,041 square feet. All units offer low maintenance tile floors throughout, screened-in lanai, in-unit laundry rooms for full size washer, dryer and storage. Capital Improvements include new roof installation on both buildings (2019), all 8 units with updated HVAC & Air conditioning systems (2020), full exterior & parking lot painting (2022). There are 17 parking spaces on-site. All units are individually metered (water & electricity).
Location
State FL
County Lee County
Community Cape Coral
Area 5940 Florida Other
Direction Hancock Bridge Parkway, South of SE 24th Ave, Property is on East side of SE 24th Ave
Interior
Heating Electric
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 17
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 17-44-24-C2-01362.0150
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Beaches MLS
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