620 SE 47th Street, Apt 1-4 $575,000

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.
General Amenities
Exterior Amenities
Landscape Amenities
Beds
4
Baths
4.00
Lot Acres
0.35
Year Built
1967
Heat
Central,Electric
Roof
Shingle
620 SE 47th Street, Apt 1-4
Cape Coral, Florida 33904
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 2025023648
Category: Multi-Family
Listed by Premier Sotheby's Int'l Realty
Beds
4
Baths
4.00
Total Units
4
Lot Acres
0.35
Heat
Central,Electric
Cooling
CentralAir,Electric
Roof
Shingle
Year Built
1967
Beds
4
Baths
4.00
Lot Acres
0.35
Year Built
1967
Heat
Central,Electric
Roof
Shingle
620 SE 47th Street, Apt 1-4
Cape Coral, Florida 33904
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 2025023648
Category: Multi-Family
Listed by Premier Sotheby's Int'l Realty