For Sale Commercial MLS# 224063587

403 Hancock Bridge PKWY 1-5

CAPE CORAL, FL 33990

$749,000

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About 403 Hancock Bridge PKWY 1-5

Exceptional Investment Opportunity: Multi Family 5-Plex building has a total of 10 Bedrooms, 5 Baths with around 4300 total square feet.  Has a BRAND NEW 2023 Dimensional Shingle Roof that's lighter in color to maximize efficiency.  Conveniently located to shopping and dining, only a 1/2 mile to Santa Barbara Pkwy and Pine Island Rd..  Each unit has the same layout of 2 Bedroom, 1 Bath.  Currently, 3 units are occupied with long term good standing tenants.  Each unit has vinyl fence sections to create private backyard spaces among the renters.  Each unit has tiled floors along with its own electric and water meters and tenants pay utilities.  There is an indoor shared laundry room with coin washer and dryer.  With room for improvement creates the opportunity of higher rental income.  Please note: Don't walk on property or disturb the tenants, must call to schedule a showing appointment.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1982
Stories
1
Living area
4,364 sqft
Price / sqft
$172
Lot
0.364
Original price
$975,000
MLS #
224063587

Exterior & lot

Features
Parking spaces: 8
Construction
1
Lot
CORR, CAPE CORAL UNIT 23 BLK 1095 PB 14 PG 50 LOTS 41 THRU 43, 13-44-23-C1-01095.0410

Schools

District
Lee County School District

Utilities

Utilities
Electricity Connected, Sewer Connected, Water Connected, Electricity on Property

Financial

Financial
Florida Gulf Coast
Annual tax
$7,677
Tax year
2023
Parcel
13-44-23-C1-01095.0410
Legal
CAPE CORAL UNIT 23 BLK 1095 PB 14 PG 50 LOTS 41 THRU 43

Location

County
Lee
Community
Lee, Florida Gulf Coast

Location

School district
Lee County School District

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Listed by David Piper, Real Broker, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.