222-226 Hancock Bridge PKY Cape Coral, FL, 33990
$ 869,900Bedrooms Baths0.0
for $869,900. This building was built in 1983 on a lot size of 0.5747 Acre(s).
Great Investment Opportunity for one of the only 8 unit multifamily properties in the heart of Cape Coral. Each unit comes with two bedrooms, two bathrooms, 973 Sq. Ft. vaulted ceilings, ceiling fans, all electric appliances and washer/dryer hookups in each unit. City utilities are individually metered and the responsibility tenants when occupied. Lawn and landscaping are professionally maintained. With each unit, you walking into the open concept living and dining area with open access to the lL-Shaped Kitchen. Through the kitchen you enter a wide hallway with the guest bathroom and the bedrooms. The master bedroom comes with a massive walk in closet and private bath. Plenty of windows all natural light to enter each unit. Owner has done a lot of renovations to the property over the past few years including air conditioners, water heaters, complete renovations in 5 units. Average rental rates in the area are between $1050 and $1125. Property is fully occupied, please do not bother the tenants. Property is attached to a portfolio with 8 additional units on a separate parcel next to this.
Miscellaneous* Excluded Features
Commercial Sale Includes Building & Land
Utilities Electric Other Phone Line Available Public Water/Sewer Water Available
List By Jerry Robinson
Cape Coral - Weichert, Realtors® - Gulf Coast Group
- 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.
Learn more about how to save
Save time & pre-qualify for a mortgage in minutes.
Commerical listings in Cape Coral, FL
Average List Price $769,781
Percent of Sale Price 12 %
About Cape Coral, FL
63 % Since 2002
$ 50,513 Median Income
44.23 Median Age
29 % Households with Children