This is a well maintained very unique 9 bed/ 8 bath, 5,021 square feet , QUAD/ 4 unit with private balconies and back yards in the highly sought after Bimini Basin of SE Cape Coral. Unit #1 is a 2 bedroom/2 bath unit with 1,060 square feet. Unit #2 is a 2 bedroom/2 bath unit with 1,114 square feet. Unit #3 is a 2 bedroom/2 bath unit with 1,190 square feet & Unit #4 (upstairs) is a 3 bedroom/2 bath unit with 1,658 square feet. Just freshly painted this year, the 3 dimensional roof was installed in 2006, all 4 a/c units were replaced in 2014 and 2015 and have been on service contracts ever since, 3 of the 4 units were re-plumbed in 2018 and 2019 & 2 baths were remodeled as well as other upgrades throughout: new flooring, resurfaced cabinets, granite countertops & fire ext upgraded. Property has plenty of parking, an additional storage unit not being used or rented and all tenants wish to stay long term. Market value gross income is $72,000 however some tenants have been here for years with lower than market rent so the total Annual gross income currently is $56,880. Low taxes, No HOA, NO CDD & city water and sewer assessments are PAID!
Listing courtesy of Elite Florida Realty Inc.
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