NOT LISTED FOR SALE
6 Beds
4 Baths
3,298 Sq Ft
0.5 Acres

Last Sold May 03, 2016

Last sale price $299,000 $91 Per Sq Ft

84 Days on Market

Highlights

  • 0.5 Acre Lot
  • Tile Flooring
  • Wood Siding
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of May 2016

An income property ready to go! Fully occupied 4 plex with an additional lot. Well maintained property located conveniently to transportation, free bridges, shopping, and more. Recent upgrades/improvements include 4 new a/c systems, tile floors throughout, 1 new kitchen, 4 new water heaters, 2 units have been fully re-plumbed, and more. 1 tenant is on an annual lease 3 longer term tenants are now month to month. All want to stay. Please do not disturb tenants. Professional property management available.

Last Agent to Sell the Property

Robert Zivkovic

Zivkovic & Associates License #603000083 Listed on: 01/09/2016

Last Buyer's Agent

Jim Schlueter

RE/MAX Trend License #293301487

RE/MAX Trend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,005

Year Built

  • Built in 1984

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 160 x 135 x 160 x 135

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,298 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, sewer, water
  • Legal Lot and Block 36 / 1551
  • Assessor Parcel Number 09-44-24-C1-01551.0360

Community Details

Overview

  • 4 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $6,845
  • Net Operating Income $25,555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,005

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 160 x 135 x 160 x 135
  • Subdivision Name: CAPE CORAL
  • Directions: Hancock Bridge Pkwy to north on Hunter Blvd (SE 24th) to right on NE 4th terrace to left on NE 25th and property is on the left. OR Pondella to South on SE 25th Ave to property on the right side.
  • Structure Type: Quadruplex
  • Year Built: 1984
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Multiple lots, See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, See Remarks, Wood Siding
  • Exterior Features: Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 09-44-24-C1-01551.0360
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 25555.0
  • Annual Operating Expense: 6845.0

Tax Info

  • Tax Annual Amount: 4005.0
  • Tax Block: 1551
  • Tax Lot: 36
  • Tax Year: 2015

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2016 05/03/16 Sold $299,000 -6.3% $91 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $319,000 -- $97 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216002223

Florida Gulf Coast Multiple Listing Service