937 SE 23rd PL Unit 1-5, Cape Coral, FL 33990
- $825,000
Courtesy of LSI Companies Inc..
- List Price
- $825,000
- Status
- ACTIVE
- Days on Market
- 90
- Price Change
- ▼ $50,000 1785529482
- MLS#
- 2026026678
- Subtype
- Commercial Sale
- Year Built
- 1979
- Lot Size
- 16,814
- Acres
- 0.39
- MLS Area Major
- CC14 - Cape Coral Unit 16,18,22-
Property Description
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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Additional Information
- Taxes
- $8,147
- Zoning
- RML
- Stories
- 1
- Levels
- 1
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