937 SE 23rd PL Unit 1-5, Cape Coral, FL 33990
- $875,000
- List Price
- $875,000
- Listing Price
- $875,000
- MLS#
- 2026026678
- Status
- PENDING
- Property Class
- Commercial
- Status Type
- Resale Property
- County
- Lee
- Region
- CC14 - Cape Coral Unit 16,18,22-
Property Description
Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets. The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $96,000. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer. • Hurricane resistant impact windows (2025) • Renovated bathrooms (2025) • All new A/C units (2024-25) • New roof (2023) • Parking lot reseal & stripe (2023) • Full exterior paint (2023)
/u.realgeeks.media/yournapleshomesearch/Logo_1-min.png){kind=logo}
Additional Information
- Year Built
- 1979
- Waterfront Description
- None
- Acres
- 0.39
- Tax Year
- 2025
Mortgage Calculator
Courtesy of LSI Companies Inc..
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.