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Cape Coral,FL 33990
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Cape Coral
MLS Listing ID 224093156
Bedrooms 4
Full Baths 4
Year Built 1981
Annual Tax Amount $5,439
Tax Year 2024
Lot Size 10,018 Sqft
Property Description
SOLID DUPLEX INVESTMENT | PRIME SE CAPE CORAL | NEW MAJOR SYSTEMS -Take advantage of this promising investment opportunity in one of Cape Coral's desirable neighborhoods. This well-functioning duplex, situated in desirable FLOOD ZONE X location (no flood insurance required) offers reliability with recently updated major systems and strong rental income potential. The property features city water and sewer connections already in place, eliminating future assessment concerns. A new roof installed in 2022, along with new AC systems and hot water heaters in both units, provides essential system reliability for years to come. Each unit offers a practical floor plan featuring 2 bedrooms and 2 bathrooms, consistently attracting steady tenants. The right side unit includes a screened lanai, while the left side unit features an enclosed Florida room, offering residents additional living space to enjoy the Florida lifestyle. Both units include convenient interior laundry areas, adding to their rental appeal. The property is currently fully rented, demonstrating its stable market position.
Positioned in the heart of Southeast Cape Coral, this duplex provides residents easy access to shopping, dining, and entertainment options. The location continues to draw consistent rental interest, making this a solid addition to any investment portfolio. Whether you're seeking a pure investment property or considering an owner-occupied arrangement where you can live in one side while collecting rent from the other, this duplex offers flexibility and value. With its updated major systems, established rental history, and convenient location, this property presents a practical opportunity in an established area of Cape Coral.
Location
State FL
County Lee
Area Cape Coral
Zoning R3-D
Interior
Heating Central Electric
Flooring Tile
Exterior
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Shingle
Building
Lot Description Regular
Water Assessment Paid,Central
Structure Type Concrete Block,Stucco
New Construction No