Price Reduction
Address
4902 Victoria Dr # 1-2, Cape Coral, FL
Price
$ 599,000
Property Attributes
  • MLS#224025772
  • TypeIncome
  • CountyLEE
  • CityCape Coral
  • AreaCC11 - Cape Coral Unit 1 - 2 - 4-6
  • NeighborhoodCape Coral
  • Zip33904
  • Style
  • Year Built1961
  • Taxes$ 5028
  • Price$ 599,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.231 Acres
Data Source:
Naples Area BOR (NABOR)
Property Description

Welcome to your next investment opportunity in sunny Cape Coral! Introducing a charming fourplex nestled in the heart of Cape Coral, offering a blend of comfortable living spaces and promising investment potential. This unique property features a mix of two efficiently designed studio units, perfect for individuals or couples seeking simplicity, along with three spacious one-bedroom, one-bathroom units ideal for tenants looking for a cozy retreat. Additionally, there's a well-appointed two-bedroom, one-bathroom unit, catering to families or those desiring extra space. Here's why this Cape Coral fourplex is an exceptional investment: Efficient Living: Two studio units provide efficient living spaces, offering tenants a comfortable place to call home without unnecessary frills, perfect for those seeking simplicity and functionality. Cozy Retreats: Three one-bedroom, one-bathroom units offer spacious living areas, modern amenities, and tranquil surroundings, providing tenants with a peaceful retreat after a long day. Family-Friendly Option: The two-bedroom, one-bathroom unit is ideal for families or individuals who desire more space. With well-appointed bedrooms and a functional layout, this unit caters to a broader range of potential tenants. Cape Coral Location: Situated in the vibrant community of Cape Coral, this fourplex offers residents easy access to the area's beautiful beaches, recreational activities, dining, shopping, and entertainment options, ensuring high tenant demand. Income Potential: With four units generating rental income, this property presents a lucrative opportunity for investors to capitalize on Cape Coral's thriving rental market and enjoy a steady cash flow. Low Maintenance: Designed for convenience, this fourplex requires minimal upkeep, allowing you to focus on maximizing profitability and providing exceptional tenant experiences. Investment Stability: Cape Coral's growing population and strong rental demand make this fourplex an attractive investment option for both seasoned investors and newcomers looking to build wealth through real estate. Don't miss out on the chance to own a piece of Cape Coral's real estate market. Whether you're seeking a solid investment opportunity or looking to expand your portfolio, this fourplex offers the perfect combination of location, income potential, and comfort. Schedule a viewing today and discover the endless possibilities that await you in Cape Coral!

Price History
3/18/2024 Listed $650,000
6/10/2024 8% - $599,000

General Features

Amenities None
Sewer Central
Construction Concrete Block
Cooling Wall Unit
Possession At Closing
Roof Tile
Water Central
Pets Allowed Y/N With Approval
Windows Jalousie
Elevator None
Property Type Residential Income
Terms Buyer Finance/Cash,Seller Pays Title
Section 18
Development CAPE CORAL
Development Name CAPE CORAL
Tax Year 2023
Unit Number 1-2
Zoning Code R3-D
Status Active
Acres 0.2310
Cumulative Days on Market 101
Community Type Non-Gated
Year Built 1961
Taxes 5028.41
Subdivision CAPE CORAL
Buyer Agent Comp 2.5%

Interior Features

Flooring Tile,Vinyl
Heating Wall Unit
Full Baths 4
Range 24E
Unit Count 4
Beds Total 5
Total Baths 4.00

Exterior Features

Exterior Features None
Road Public Road
Exterior Finish Stucco
Irrigation None
Lot Frontage 80
Waterfront Desc None
Canal Width None
Lot Description Corner
Boat Access None
Building Description Other
Building Design Quadraplex
Gulf Access No
Lot Left 125
Lot Right 125
Lot Unit 1
Private Pool No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33904

Price
AVG $820K
$600K
Taxes
AVG $7,277
$5,028
Visits
AVG 816
345
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1961