427 NE Pine Island Ln

    Cape Coral, FL 33909
    • $409,900
    • STATUS: Active
    • ON SITE: 8 days
    • MLS #: 218045377
    UPDATED: 19 min ago
    $409,900
    • 8
      BEDS
    • 0.37
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:
    Lee

    School Ratings & Info

    Description

    4 Plex in NE Cape Coral! Great opportunity to invest now and let the tenants pay rent while you sit back and wait for the inevitable commercial potential to come to you, as its located in a future land use area of Pine Island Road District (PIRD). Tenants are month to month, giving an upside potential via raising rents to meet the market. Similar units are renting for $900-$1100 per month.

    Monthly Payment Calculator



    © 2018 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Realty Group. Data last updated 2018-07-15T16:22:44.767.
    www.checkfloridahomes.com/homes/85347112

    427 NE Pine Island Ln Cape Coral, FL 33909

    • Price: $409,900
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 218045377
    8
    Beds
    7
    Baths
    0
    ½ Baths
    0.37
    Acres
    1984
    Built
    Neighborhood:
    Cape Coral
    County:
    Lee
    Area:
    Cc31 - Cape Coral Unit 17,31-36
    Property Description
    4 Plex in NE Cape Coral! Great opportunity to invest now and let the tenants pay rent while you sit back and wait for the inevitable commercial potential to come to you, as its located in a future land use area of Pine Island Road District (PIRD). Tenants are month to month, giving an upside potential via raising rents to meet the market. Similar units are renting for $900-$1100 per month.
    Exterior Features

    Boat Access None Building Design Quadraplex Canal Width None Construction Concrete Block Exterior Features None Exterior Finish Stucco Gulf Access YN No Irrigation Assessment PaidCentral Lot Back 0 Lot Desc Regular Lot Frontage 0 Lot Left 0 Lot Right 0 Private Pool YN No Private Spa YN No Roof Shingle Waterfront Desc None Waterfront YN No

    Interior Features

    Baths Total 7.00 Cooling Central Electric Elevator None Flooring See Remarks Heat Central Electric Windows Sliding

    Property Features

    Amenities None Cable Available YN Yes Community Type Non-Gated Foreclosed Reo YN No Gross Rental Income 0.00 Information Available Other See Remarks Legal Unit 46 Lot Unit 14 MLS Florida Gulf Coast Pets No Approval Needed Possession At Closing Potential Short Sale YN No Sewer Assessment UnpaidCentral Source Of Measure Lot Dimensions Property Appraiser Office Source Of Measure Lot Size Property Appraiser Office Status Type Resale Property Subdivision Or Condo Name Cape Coral Tax Desc City And County Tax District Type Not Applicable Tax Year 2017 Taxes 4909.00 Tenant Pays Full Electric Terms Buyer Finance/Cash Transfer Fee 0.00 Unit Count 4 Units In Building 4 Water Assessment PaidCentral Zoning Code Corr

    Listing courtesy of Mike Darda of Century 21 Sunbelt Inc.


    © 2018 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Realty Group. Data last updated 2018-07-15T16:22:44.767.
     
    RE/MAX Realty Group
    7910 Summerlin Lakes Dr.
    Fort Myers FL, 33907