BEDS9
BATHS
SQUARE FEET4,240
MLS#A4693375
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCAPE CORAL
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.36 Acres
Roof Type: Membrane, Shingle
Taxes: $8,612
Year Built: 1978
Amenities
Other
Courtyard
Feature Descriptions
Annual Net Income: 67940.00
Days on Site: 11
Directions: From Veterans Memorial Pkwy head south on Del Prado Blvd, turn left onto SE 40th St, then right onto SE 19th Ave. Property will be on the right.
Exterior: Stucco
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.36
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Available, Cable Connected, Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: RML
Listed By / Shown By
Listed By
Agency Name: EPIQUE REALTY, INC.
Agency Contact: FLBroker@EpiqueRealty.com
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 3,109.04 per month $2,114.29 Principal & Interest $717.67 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
4015 SE 19th Avenue , Unit 5-9 | MLS# A4693375
This multi-family property located at 4015 SE 19th Avenue , Unit 5-9, Cape Coral, FL 33904 is currently listed for sale with an asking price of $950,000. Search Cape Coral real estate on www.realtymark.net today.