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218-224 SE 16th PL
CAPE CORAL, FL 33990

$1,095,000

Sq. Ft.: N/A
Type: Commercial
Listing #218003707
A rare opportunity in the heart of Cape Coral! This **10 Unit Multifamily*** property features large units at nearly 1000 square feet each with two large bedrooms and two baths! With ample parking and palm lined courtyards leading to the entrances each unit features a private screened in lanai and solid surface flooring. Excellent tenants in place below market. CITY UTILITIES ARE IN AND ASSESSMENTS ARE PAID and tenants pay all utilites. AC systems replaced in 2011 and the property was re-piped to PVC. Professional Management in place for a turn key investment opportunity! Please do NOT disturb residents, call for your private tour today!
Property Features
Location Information
County: Lee
MLS Area: CC14 - Cape Coral Unit 16, 18, 22-
Additional Information
Property Type: COM
Property SubType: Commercial
Property SubType 2: Multi-Family: 5+ Units
Year Built: 1980
Status: Active
Tax Year: 2016
Tax Amount: 12, 135


$ per month
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Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
Weichert Gulf Coast Group
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Sun Country Realty of Florida, Inc. are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2018 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.
Southwest Florida data last updated at January 21, 2018 7:44 PM ET