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