3603 SE 9th PL Active Save Request In-Person Tour Request Virtual Tour
Cape Coral,FL 33904
Key Details
Property Type Multi-Family
Sub Type Multi-Family: 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2025002225
Year Built 1985
Annual Tax Amount $13,092
Tax Year 2024
Lot Size 0.485 Acres
Acres 0.485
Property Sub-Type Multi-Family: 5+ Units
Source Florida Gulf Coast
Property Description
Exceptional & Rare opportunity to own a fully occupied 8-unit multifamily property in the heart of Cape Coral. This well-maintained income-producing asset features eight spacious 1-bedroom, 1-bathroom units, each with private entrances and functional layouts ideal for long-term tenants.
The property offers strong, consistent cash flow with a 7.9% cap rate, making it an attractive addition to any investor's portfolio. The building offers with ample parking, laundry hook ups in each unit with a common coin-laundry room and a history of high occupancy. Solid concrete block construction and professional management contribute to low operating costs and reliable performance.
Located in a high-demand corridor with easy access to shopping, dining, and this property is positioned for both immediate income and long-term appreciation.
Whether you're expanding your portfolio or seeking a turnkey 1031 exchange opportunity, this asset delivers on location, stability, and returns. Duplex next door 3609 SE 9th PL is also available for sale!
Location
State FL
County Lee
Area Cc12 - Cape Coral Unit 7-15
Zoning R3-D
Interior
Inclusions Building And Land
Exterior
Utilities Available Electricity Available,Trash Removal,Water Available
Waterfront Description None
Total Parking Spaces 8
Private Pool No
Building
New Construction No
Others
Tax ID 06-45-24-C4-00487.0010
Virtual Tour https://tinyurl.com/y25dwjhe