Multi-Family $ 950,000

4015 SE 19TH AVE #5-9

Cape Coral, FL 33904

  • 9 Beds
  • 5 Baths
  • 4,240 SqFt
  • 0.36 Lot Size
  • 1978 Year Built
Excellent opportunity to acquire a well maintained 5 unit multifamily property in a desirable Southeast Cape Coral location. This income producing asset features a strong unit mix of one 1 bedroom unit and four 2 bedroom units, appealing to a wide range of tenants. The property is currently generating solid rental income with several units below market, providing a clear path for increased returns through rent adjustments. Recent interior updates in select units enhance tenant appeal and support higher rental potential. Take advantage of the existing cash flow or explore the potential for short term rental use. Ideally located within walking distance to the newly renovated Jaycee Park, offering added lifestyle appeal for tenants and guests alike. Situated in an established residential area with convenient access to shopping, dining, and major roadways, the property benefits from consistent rental demand and strong occupancy trends. The layout offers functional living spaces, ample parking, and a clean, well cared for appearance that minimizes immediate capital needs. This property is well suited for investors seeking a combination of current income and future upside, with the potential to increase gross income by bringing rents to market levels in a growing Southwest Florida market.
Listed by EPIQUE REALTY, INC.

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4, 240 sqft

    Price per Sqft $224

    Subdivision Cape Coral

    MLS Listing ID A4693375

    Bedrooms 9

    Construction Status Completed

    HOA Y/N No

    Year Built 1978

    Annual Tax Amount $8,612

    Lot Size 0.360 Acres

    Acres 0.36

    Property Sub-Type Quadruplex

    Source Stellar MLS

  • Location

    State FL

    County Lee

    Community Cape Coral

    Area 33904 - Cape Coral

    Zoning RML

  • Building

    Foundation Slab

    Lot Size Range 1/4 to less than 1/2

    Sewer Public Sewer

    Water Public

    Structure Type Stucco

    New Construction false

    Construction Status Completed

  • Interior

    Interior Features Other

    Heating Electric

    Cooling Central Air

    Fireplace false

    Laundry Laundry Room

  • Exterior

    Exterior Feature Courtyard

    Utilities Available Cable Available, Cable Connected, Electricity Connected

    View Y/N No

    Water Access No

    View City

    Roof Type Membrane,Shingle

    Attached Garage false

    Garage false

    Private Pool No

  • Others

    Senior Community No

    Ownership Fee Simple

    Special Listing Condition None

    Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4693375

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $950,000 in Cape Coral,FL

CONTACT

Ralph Nudi
Ralph Nudi

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message