N/A, CAPE CORAL Property Listing: MLS® #219030778

(Undisclosed Address)

$475,000
$2,528/m

Estimate Your Monthly Payment

Loan Amount: financing_price
Estimated Payment (30 Year Fixed Loan): 2528
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  • - Bed
  • - Bath
  • 4,755 Sqft
  • 1981 Year
  • No Pool
  • No Waterfront
  • .22 Acres
  • 70 DOM

About This Property

Excellent location just south of Cape Coral Parkway in downtown Cape Coral; 5 units total, with 4 of them fronting on Miramar Street. The 5th unit is on the back side of the building and has a large loading door.The building has been well maintained, and it was painted and reroofed in mid-2018. Interior is tiled throughout with high ceilings. There are separate electric meters for each of the units. 15 parking spaces total and an improved 15’ asphalt alley provides access to the back. 6-panel sign in the front parking lot for tenants’ signage. Based on the current owner’s income and expenses, the CAP rate on this buy-and-hold investment is 7.21%

Call or text Ryan Schwartz at 239.500.8000

General Information

  • MLS® #: 219030778
  • Price: $475,000
  • Days on Market: 70
  • Address: N/a
  • County: Lee
  • Year Built: 1981
  • Type: Commercial
  • Square Footage: 4,755
  • Acres: 0.22
  • # of Stories: 1
  • Waterfront: None
  • Status: Active

Sub-Type

Office: Business Park, Office: Condominium, Office: Office Building

Area

CC11 - Cape Coral Unit 1, 2, 4-6

Amenities

  • Waterfront: None

Utilities

Electric, Phone Line, Septic, Sewer, Water

Interior

  • # of Stories: 1

Financials

  • Price: $475,000
  • Zoning: Sc

Listing Details

  • Office: Real Edge Real Estate Inc

Community Information

  • City Cape Coral
  • County Lee
  • State Fl
  • Zip Code 33904

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Ryan Schwartz

Realtor®

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