4903 York ST 1-8 Cape Coral, FL, 33904
$ 1,200,000Bedrooms 16 Baths16.0
for $1,200,000 with 16 bedrooms and 16 full baths. This home was built in 2003 on a lot size of 0.4636 Acre(s).
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.
Cooling System Central Air
Flooring Concrete Floors Tile Flooring
Heating System Central Heat
Water Source Other
Exterior Finished Stucco Other Windows Sprinkler
Lot Description Corner Other Oversized Lot
Roof Shingle Roof
Acceptable Finance Cash
Other Information Available
Restrictions Pets Allowed
Rental* Excluded Features
Tenant Pays Cable Electric Other Expenses Phone Sewer Water
List By William Cabrera
Will C Real Estate Llc
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Cape Coral, FL
Average List Price $330,345
Percent of Sale Price 72 %
About Cape Coral, FL
63 % Since 2002
$ 50,513 Median Income
44.23 Median Age
29 % Households with Children