"MAJOR PRICE REDUCTION - EXCELLENT INVESTMENT OPPORTUNITY IN CAPE CORAL. STRONG RENTAL POTENTIAL"
Excellent investment opportunity in southeast Cape Coral! This immaculate multi-family property boasts a solid rental history and a prime location near Del Prado Blvd, close to Cape Coral Hospital and medical centers, and just 10 minutes or less from Veterans Parkway, shopping, schools, and essential services. The building offers a balanced mix of spacious residences—6 units in total, including 4 two-bedroom, two-bathroom units and 2 larger three-bedroom, two-bathroom units—providing an attractive mix for long-term tenants and consistent occupancy.
Each unit features a comfortable layout, private entrances, a small balcony and terrace, assigned parking, and an open floor plan. All apartments include a refrigerator, washer/dryer, stove, and garbage disposal. Ceiling fans are installed in all bedrooms and living areas. The property is located on a corner lot with readily available municipal utilities and easy access to major roads, enhancing both tenant convenience and future value potential. This property is part of a condominium complex with six independent units, so the new buyer will not need to undertake any conversions.
With stable occupancy, attractive unit configurations, and the continued growth of the Cape Coral rental market, this asset represents an exceptional opportunity for investors seeking reliable income and a solid long-term portfolio. A must-see income-generating property in a prime location.
0.3684 Private Acres Lot Size
investment
$10,534 Annual Tax
Built in 1988
MLS/Listing ID 2025021340
6 Units
Lot - Corner Lot
Tile
Cooling - Ceiling Fans
Construction - Stucco
Style - Multi Level
Style - Triplex
Shingle
Pool - Below Ground
Lot - Regular Lot
Heating - Central Electric
Concrete Block
Cooling - Central Electric
Construction - Concrete Block
Association - Assisted Living Available
Pool - Concrete
Patio
Pets Allowed
TOTAL MONTHLY COST
$0
$0
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