620 SE 47th Street Unit 1-4, Cape Coral, FL 33904
- $550,000
- 4
- BD
- 4
- BA
- 2,400
- SqFt
- Sold Price
- $550,000
- List Price
- $575,000
- Status
- CLOSED
- MLS#
- 2025023648
- Closing Date
- Feb 12, 2026
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,400
- Development
- Cape Coral
- Subdivision
- Cape Coral
Property Description
Rare opportunity to own a well-maintained quadplex in the very heart of downtown Cape Coral. This turnkey investment property offers strong, consistent rental income and is fully set up for immediate operation. The property features four well laid out one-bedroom, one-bath apartments, each with dedicated extra storage, plus a separate coin-operated laundry building providing additional income. Meticulously cared for by the owner, the quadplex boasts a newer roof with resealed flat roof membrane, new electrical meters, and has never experienced flooding. The grounds are fully fenced and enhanced with an irrigation/sprinkler system, exterior security cameras, and a property-wide internet mesh system. Offered fully turnkey, this is an ideal opportunity for investors seeking low-maintenance ownership in a prime location. Situated just steps from public transportation, restaurants, nightlife, and downtown Cape Coral events, this central location ensures continued rental demand and long-term value. A highly sought after downtown asset—perfect for investors looking to secure a stable, income-producing property in one of Cape Coral’s most desirable areas.
Additional Information
- Taxes
- $8,605
- Building Design
- Quadraplex
- Year Built
- 1967
- Construction
- Brick, Block, Concrete, Stucco
- Living Area
- 2,400
- Acres
- 0.35
- Amenities
- Laundry, Storage
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- Flooring
- Terrazzo, Tile
- Exterior Features
- Courtyard, Fence, Fruit Trees, Sprinkler/Irrigation, Outdoor Grill
- Waterfront Description
- None
- Water
- Assessment Paid, Public
- Sewer
- Assessment Paid, Public Sewer
- Stories
- 1
- Pets
- Yes
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Listing courtesy of Premier Sotheby's Int'l Realty. Selling Office: .