Active

4916 Vincennes ST 1

Cape Coral FL, 33904

$995,000


$425.21 per sqft

Active

4 Beds

5 Baths

2,340 sqft

Multi-family

Built in 1961

This rarely available quadplex offers an incredible opportunity for steady income and long-term growth, set on an oversized lot of nearly half an acre. Flood insurance is assumable, adding an extra layer of security for the new owner and offering peace of mind in the event of a storm. The property features four 1-bedroom, 1-bath units, each with its own screened lanai and unscreened patio, perfect for outdoor enjoyment. Each unit also includes 2 designated parking spaces, ensuring convenience for tenants and guests.

Residents have access to a common laundry building that provides additional storage closets with locks for each tenant, offering extra space for personal belongings. Plus, everyone can take advantage of the two boat docks, one equipped with water and electricity, making this a perfect waterfront retreat.

For added value, the property includes an 805 sq ft garage with a half bath, which features a toilet and sink, along with a 200-amp electrical panel--ideal for storage or a potential workshop. The hurricane-resistant garage windows provide extra protection, and an additional 6ft x 12ft storage shed offers even more space for tools or equipment.

The property has been meticulously maintained, with a new roof installed in 2018 across all four units, ensuring long-term durability and peace of mind for years to come. Currently, each unit is rented on a month-to-month basis, with tenants who have been in place for over a year, providing stable and reliable rental income.

This quadplex is a rare find, offering substantial land, waterfront amenities, and a well-established tenant base--making it an ideal addition to any investor's portfolio. Don't miss out on this prime opportunity to own a property with exceptional potential and long-term value.

225001897

MLS ID

January 13, 2025

Listed

January 13, 2025

Updated

Map

4916 Vincennes ST 1
Cape Coral FL, 33904

Interior Features

Bedrooms

4


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Laundry Description

Common Area


Floor Description

Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.46 Acres


Exterior Features

Room For Pool


Lot Features

Oversized Lot


Architectual Style

Duplex


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

CC11 - Cape Coral Unit 1, 2, 4-6


Taxes

$9,563


Tax Frequency

Annually


Association Amenities

Laundry, Pier


Garage

No


View

No


County

Lee


Water Source

Public


Pool

No


Waterfront

Yes

Listed by Eddie Rodriguez, John R Wood Properties

Listing Contact: 239-777-6253 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Adolfo Diaz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:47 PM UTC, 1/13/2025

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