4903 York St 1-8

Cape Coral, FL
$1,150,000

Description

Attached is the Offering Memorandum with all Financial Info. Newer 2003 construction Multifamily Apartment building at the entrance to the Yacht Club area. The building features 8 units all 2 beds 2 baths with W&D inside each unit. Each apartment measures about 1,007 sf with plenty of upside available in rents. Three units are currently month to month and available for immediate rental increases. This property is extremely well maintained and provides an excellent opportunity for an investor to preserve their capital in a secure asset and increase their wealth through continuous equity growth. All units have brand new side by side refrigerators with ovens/ranges, dishwashers and microwaves with hoods. All tenants pay their own individual water meters and electric meters. The 2nd floor structure & sub-flooring is all concrete along with the first floor and the roof is in great condition.

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Listed by: Will C Real Estate LLC


General Details

4903 York ST 1-8, FL 33904
  • Year Built: 2003
  • MLS Number: 218072188
  • County: Lee
  • Property Type: Commercial

Building Details

4903 York ST 1-8, FL 33904
  • Total Floors: 2
  • Unit Number: 1-8

Commercial Specificiations

4903 York ST 1-8, FL 33904
  • AVMYN: 1
  • Cooling Remarks: Central
  • Cooling: 1
  • Depth: 125
  • Fenced Yard: 1
  • Heating Remarks: Central
  • Heating: 1
  • Lease No Of Parking Spaces: 16
  • Number Of Spaces Units: 8
  • Property Highlights: Individual water & electric meters. W&D in each unit. Very Well Maintained.
  • Property Location: At the entrance to the highly desirable Yacht Club area.
  • Property Use Type: Investment
  • Sale Includes: Equipment, Fixtures, Inventory
  • Subject Property SqFt: 8058
  • Total Building SqFt: 8058
  • Transaction Type: Sale
  • Utilities Available: Electric, Sewer, Water

Other Details

4903 York ST 1-8, FL 33904
  • Lot size (acres): 0.4636
  • DOM: 704
  • Legal Description: CAPE CORAL UNIT 6 PT.3 BLK.51 PB 11 PG 76 LOTS 33 THRU 36
  • Lot Frontage: 160
  • Parcel Number: 18-45-24-C1-00051.0330
  • Canal Width: None
  • Last Change Type: Active, Change In Bonus Amount, Change In Buyer Agent Comp, Extended, Terminated
  • Subdivision Number: C1
  • Waterfront Description: None
  • CDOM: 723
  • Utilities Available: Electric, Sewer, Water

Property Fees

4903 York ST 1-8, FL 33904
 Taxes (Tax Year 2017)$9,100

Other Details

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