1302-1304 NE 16th TER Active

Cape Coral,FL 33909

$ 475000

4 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 225022319

Style Resale Property

Bedrooms 4

Full Baths 4

HOA Y/N No

Originating Board Florida Gulf Coast

Year Built 2006

Annual Tax Amount $9,890

Tax Year 2024

Lot Size 0.255 Acres

Acres 0.255

Property Sub-Type Duplex

Property Description

** Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. The very spacious apartments have vaulted ceilings and open-concept living, with tile flooring throughout. Each unit features two bedrooms plus a den, and a one-car garage and in-unit laundry. A screened porch and a convenient 10x12 concrete pad in the backyard provide a comfortable outdoor living space.

** Several capital expenditures in the recent past, including: A new roof was installed in 2023; All the kitchen appliances and the water heater were replaced recently inside unit 1302; A new water softener was installed for the property; Freshly painted inside, the property is well-maintained.

** Seller has made a partial payment towards water and sewer assessments in his 2024 property taxes.

** Located near Del Prado Blvd and Pine Island Road, it is perfectly situated close to restaurants, shopping centers, and many other services, while offering a quiet retreat away from busy streets. Don't miss this excellent opportunity!

** Both units are rented and provide a steady monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment.

** DO NOT GO ON PROPERTY WITHOUT AN APPOINTMENT, AND DO NOT DISTURB THE TENANTS.

Location

State FL

County Lee

Area Cape Coral

Zoning R3-D

Interior

Heating Central Electric

Flooring Tile

Fireplace No

Heat Source Central Electric

Exterior

Waterfront Description None

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Regular

Water Assessment Unpaid,Softener

Architectural Style Duplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed With Approval

Senior Community No

Tax ID 31-43-24-C3-02116.0010

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