202 SE 24th AVE, Cape Coral, FL 33990

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Property Description

Located in a popular rental corridor, this 5 unit money maker is offered at a 8.7% Cap Rate. The 2 bed 1 bath units are just under 1,000 sq ft. with W/D inside each unit. Annual leases with longer term tenants. Electric and water paid by tenants. Strong current NOI still offers very good upside potential. Financials attached. Could be a good fit for a Self Directed RE IRA. Additional pictures coming.

Additional Information

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Calculator source: Real Geeks

Listing courtesy of Realtors Edge Real Estate LLC.

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