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For more information on this property, contact Hamilton-Franklin Realty at 2392361239 or paul.faragoi@yahoo.com

1232 SE 8th Street 1-6
Cape Coral, Florida FL 33990
Sold For: $910,000
Listing ID 222050855
Status Closed
Acres 0.366
Year Built 1982

Property Description:

This extremely well-maintained property comes with Hurricane Impact windows throughout. The new owner will enjoy a cash-flowing property with stress-free management already in place. The building features one 2bed/2bath unit, one 2bed/1bath unit and four 1bed/1bath units. All 6 units are currently occupied with room to increase rents for additional cash flow. The onsite laundry facility is a nice amenity for the tenants and also provides supplemental income for the owner. The property has been well maintained and there is little to no deferred maintenance. All 6 units have newer A/C condensers & air handlers. The building has recently been power washed, painted and nicely manicured. There are newer appliances throughout most of the units along with new fixtures, flooring & ceiling fans. Excellent unit mix in a great location with high rental demand (withing walking distance to Cape Coral Hospital).

Primary Features

County: Lee
Price Before Reduction: 1179999
Price Reduction Date: 2022-08-28T00:47:10+00:00
Property Sub Type: Multi Family
Property Type: Commercial Sale
Year Built: 1982
Zoning: R3-D

Interior

Stories Total: 1

External

Architectural Style: Low Rise
Lot Size Source: Appraiser
Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available

Location

Gulf Access: no
Location: High Rental Demand Area. Walking distance to Del Prado Blvd, Cape Coral Hospital, medical & professional office buildings, industrial park and bus stops.
MLS Area Major: CC14 - Cape Coral Unit 16,18,22-
Postal City: CAPE CORAL
Waterfront Features: None

Additional

Current Use: Multi-Family
Documents Count: 1
Mls Status: Closed
Modification Timestamp: 2023-03-14T20:30:30+00:00
Off Market Date: 2023-03-14T00:00:00+00:00
Originating System Name: SWFL
Originating System Sub Name: SWFL_FLORIDAGULFCOAST
Permission: IDX
Permission: IDX
Standard Status: Closed

Financial

Potential Short Sale: N
Tax Annual Amount: 9083
Tax Year: 2021

Zoning Info


Listing courtesy of Bartomeo Realty
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida MLS (Gulf Coast). Properties listed with brokerage firms other than Hamilton-Franklin are marked with the Southwest Florida MLS logo and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the Broker Reciprocity Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact Hamilton-Franklin. Data last updated Friday, March 29th, 2024 at 02:18:08 AM.

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