4916 Vincennes Street Unit# 1, Cape Coral, Florida, 33904

$995,000

Multi-family

5 ba 4 bds

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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.