Great investment opportunity! This 5-plex with a courtyard is located in SE Cape Coral. Four of the units are currently leased and the 5th unit is owner occupied. Each unit has 2 beds, 1 full bath, screened lanai, and private washer & dryer facility. The largest unit is #3 with apx. 1,000 sq ft of living space, the other 4 units have over 900 sq ft of living space, All are a great room floor plan. Currently the owner is installing floating commercial grade vinyl flooring that is 3x the thickness as residential grade in all units. This flooring can be seen in the photos of units 1 & 2. In 2016 a NEW roof was placed on the building, which comes with a warranty at time of sale, units have newer hot water heaters and the exterior of the building was just painted 3 years ago. The property has been meticulously maintained and updated by the Seller, with strict rental guidelines in place to ensure the upkeep of the structure & units. Located close to shopping & dining, and has easy access to Pine Island Rd & Veterans Pkwy.
Off market
$643,700
533 Se 6th Ave 1-5 Cape Coral Fl 33990, Cape Coral, FL 33990
10beds
--sqft
MultiFamily
Built in 1980
-- sqft lot
$643,700 Zestimate®
$--/sqft
$1,658 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Electric
Cooling
- Central
Features
- Flooring: Tile, Carpet, Linoleum / Vinyl
Property
Features
- Exterior features: Stucco
Lot
- Size: 0.34 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Central
Community & neighborhood
Location
- Region: Cape Coral
Other
Other facts
- Construction: Concrete Block
- Heat: Central Electric
- Roof: Shingle, See Remarks
- Table: Residential Income
- Building Design: Quadraplex
- Sewer: Central
- Water: Central, Assessment Unpaid, See Remarks
- Windows: Single Hung, Sliding
- Community Type: Non-Gated
- Building Desc: 1 Story/Ranch
- Last Change Type: Pending
- Irrigation: See Remarks
- Lot Desc: 3 Lots, Irregular Shape
- Exterior Features: Courtyard
- Gulf Access YN: 0
- Waterfront YN: 0
Services availability

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$643,700
2% more+ $12,874
With Zillow Showcase(estimated)
$656,574