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1302-1304 NE 16th Terrace

Cape Coral, FL 33909
  • $524,999
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: 224077318
UPDATED: 173 min ago
$524,999
  • 6
    BEDS
  • 0.26
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2006
County:
Lee

School Ratings & Info

Description

Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. Each unit features 2 bedrooms plus a den, a one-car garage, tile flooring throughout, open-concept living, in-unit laundry, a screened porch, and a convenient 10x12 concrete slab in the backyard. Freshly painted inside, the property is well-maintained and thoughtfully upgraded with a new roof (2023), new dishwasher, oven, water softener, water heater, and regular pest control service. Situated near Del Prado Blvd and Diplomat Avenue, it's perfectly positioned close to restaurants, shopping centers, and more while offering a quiet retreat away from busy streets. Currently, one unit rents for $1,995/month and the other for $1,947/month, totaling $3,942 monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment. Don't miss this excellent opportunity!

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© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Southwest Florida R.E. Group LLC | Realty Once Group MVP. Data last updated 2024-12-03T00:25:31.407.
www.swflregroup.com/homes/156221769
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1302-1304 NE 16th Terrace Cape Coral, FL 33909

  • Price: $524,999
  • Status: Active
  • On Site: 61 Days
  • Updated: 173 min ago
  • ID#: 224077318
6
Beds
4
Baths
0
½ Baths
0.26
Acres
2006
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc31 - Cape Coral Unit 17,31-36
Property Description
Investor's dream! This centrally located duplex offers an incredible opportunity with reliable rental income. Each unit features 2 bedrooms plus a den, a one-car garage, tile flooring throughout, open-concept living, in-unit laundry, a screened porch, and a convenient 10x12 concrete slab in the backyard. Freshly painted inside, the property is well-maintained and thoughtfully upgraded with a new roof (2023), new dishwasher, oven, water softener, water heater, and regular pest control service. Situated near Del Prado Blvd and Diplomat Avenue, it's perfectly positioned close to restaurants, shopping centers, and more while offering a quiet retreat away from busy streets. Currently, one unit rents for $1,995/month and the other for $1,947/month, totaling $3,942 monthly income. Tenants are reliable, pay on time, and wish to stay, making this a truly hassle-free and profitable investment. Don't miss this excellent opportunity!
Exterior Features

Architectural Style Duplex Construction Materials Block Concrete Stucco Covered Spaces 0 Exterior Features None Awning(s) Pool Private YN No Road Surface Type Paved Roof Shingle Spa YN No Structure Type Duplex

Interior Features

Cooling Central Air Electric Cooling YN Yes Flooring Tile Heating Central Electric Heating YN Yes

Property Features

Association Amenities None Association Fee 0 Association Fee2 0 Association Fee3 0 Building Area Total 2200 Community Features Non- Gated Irrigation Source None Land Lease Amount 0 Listing Terms All Financing Considered Cash FHA VA Loan Lot Features Rectangular Lot Net Operating Income 43000 Pets Allowed Yes Possession Close Of Escrow Subject To Tenant Rights Potential Short Sale YN No Property Condition Resale Property Sub Type Duplex Property Sub Type Additional Duplex Restrictions Sewer Assessment Unpaid Septic Tank Tax Annual Amount 5055.58 Tax Year 2023 Tenant Pays Electricity Unit Location Utilities Cable Available Water Access Description None Water Source Assessment Unpaid Waterfront Features None Waterfront YN No Zoning Description R3- D

Listing courtesy of Starlink Realty, Inc.


© 2024 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Southwest Florida R.E. Group LLC | Realty Once Group MVP. Data last updated 2024-12-03T00:25:31.407.
 
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Southwest Florida R.E. Group LLC | Realty Once Group MVP
1495 Pine Ridge Rd #1
Naples FL, 34109