3603 SE 9th Place $1,250,000

Exceptional & Rare opportunity to own a fully occupied 8-unit multifamily property in the heart of Cape Coral. This well-maintained income-producing asset features eight spacious 1-bedroom, 1-bathroom units, each with private entrances and functional layouts ideal for long-term tenants. The property offers strong, consistent cash flow with a 7.9% cap rate, making it an attractive addition to any investor’s portfolio. The building offers with ample parking, laundry hook ups in each unit with a common coin-laundry room and a history of high occupancy. Solid concrete block construction and professional management contribute to low operating costs and reliable performance. Located in a high-demand corridor with easy access to shopping, dining, and this property is positioned for both immediate income and long-term appreciation. Whether you’re expanding your portfolio or seeking a turnkey 1031 exchange opportunity, this asset delivers on location, stability, and returns. Duplex next door 3609 SE 9th PL is also available for sale!

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