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1126 SE 8th ST

CAPE CORAL, FL 33990

MLS#: 226029047

$1,099,000

Status: Active
Listing number: 226029047
Listing provided by: Xclusive Homes LLC
Listing agent phone: None
Last update: 7 days ago
On site: 8 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1988

Sq.Footage

N/A

INVESTOR OPPORTUNITY – 6-UNIT MULTIFAMILY WITH POOL | CAPE CORAL Excellent opportunity to acquire a six-unit income-producing multifamily property with swimming pool at 1126 SE 8th St, Cape Coral, FL, offered at $1,099,000. The property features a desirable unit mix of four 2-bedroom/2-bath units and two 3-bedroom/2-bath units, totaling 14 bedrooms and 12 bathrooms. Current rents total $9,050 per month, generating $108,600 in annual gross rental income. Based on the operating expenses provided, the property generates an estimated Net Operating Income (NOI) of $84,520, representing an approximately 7.69% CAP rate at the $1,099,000 asking price. The property also features an on-site swimming pool, providing an attractive amenity for residents and helping distinguish the property in the rental market. An attractive opportunity for investors seeking an established multifamily asset with immediate rental income, six revenue-producing units and strong income potential in Cape Coral. Financial information is based on figures provided by the owner and should be independently verified by the buyer.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.3684

  • Lot Size(square feet)

    16,048

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,099,000

  • Tax Amount

    $11,170.58

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • New Construction

    NO

  • Senior Community YN

    NO

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Listing Courtesy of Maria Rojas , Xclusive Homes LLC

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Agent Julia McCabe

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Julia McCabe

Call Julia today to schedule a private showing.

(610) 585-9923

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INVESTOR OPPORTUNITY – 6-UNIT MULTIFAMILY WITH POOL | CAPE CORAL Excellent opportunity to acquire a six-unit income-producing multifamily property with swimming pool at 1126 SE 8th St, Cape Coral, FL, offered at $1,099,000. The property features a desirable unit mix of four 2-bedroom/2-bath units and two 3-bedroom/2-bath units, totaling 14 bedrooms and 12 bathrooms. Current rents total $9,050 per month, generating $108,600 in annual gross rental income. Based on the operating expenses provided, the property generates an estimated Net Operating Income (NOI) of $84,520, representing an approximately 7.69% CAP rate at the $1,099,000 asking price. The property also features an on-site swimming pool, providing an attractive amenity for residents and helping distinguish the property in the rental market. An attractive opportunity for investors seeking an established multifamily asset with immediate rental income, six revenue-producing units and strong income potential in Cape Coral. Financial information is based on figures provided by the owner and should be independently verified by the buyer.

1126 SE 8th ST

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