$1,150,000

4903 York St #1-8

CAPE CORAL FL, 33904

Description

Attached is the Offering Memorandum with all Financial Info. Newer 2003 construction Multifamily Apartment building at the entrance to the Yacht Club area. The building features 8 units all 2 beds 2 baths with W&D inside each unit. Each apartment measures about 1,007 sf with plenty of upside available in rents. Three units are currently month to month and available for immediate rental increases. This property is extremely well maintained and provides an excellent opportunity for an investor to preserve their capital in a secure asset and increase their wealth through continuous equity growth. All units have brand new side by side refrigerators with ovens/ranges, dishwashers and microwaves with hoods. All tenants pay their own individual water meters and electric meters. The 2nd floor structure & sub-flooring is all concrete along with the first floor and the roof is in great condition.

Details

MLS#218072188
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2003
Days On Site339

Features

SQ Feet8,058
Story(s)2
Units8
ZoningR3-D

Market Activity 33904

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Area Information

StateFL
CountyLee
CityCAPE CORAL
Zip Code33904
AreaCC11 - Cape Coral Unit 1, 2, 4-6
Listing VS Median (in 33904)
Price:
$1,150,000
low | high
Med:
$225,000
100% of Average
SqFt:
8,058
low | high
Med:
1,658
100% of Average
$ / SqFt:
$143
low | high
Med:
$136
54.911627419101% of Average
On Site:
339
low | high
Med:
119
100% of Average
Listing Updated: 02/27/2020
MLS Number: 218072188
Listing Provided By:
William Cabrera  of  Will C Real Estate LLC

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