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Key Details
Sold Price $712,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $218
Subdivision Cape Coral
MLS Listing ID 224101230
Style Duplex
Bedrooms 6
Full Baths 4
Year Built 1995
Annual Tax Amount $1,711
Tax Year 2023
Lot Size 0.340 Acres
Property Sub-Type Duplex
Property Description
$55,000 PRICE REDUCTION! Turnkey Income-Producing Duplex with Pool on Freshwater Canal – Fully Leased in Cape Coral!
Attention investors! This fully remodeled duplex in Cape Coral, Florida, is the perfect addition to your portfolio. Located on a peaceful freshwater canal with a private pool, this property offers immediate cash flow with both units already rented under long-term leases.
Key Investment Features:
• Two spacious units: Each fully updated with modern finishes, including brand-new kitchens with quartz countertops, stainless steel appliances, and luxury vinyl plank flooring.
• Long-term tenants: Both units are occupied under secure leases, providing consistent and reliable rental income.
• Private pool and outdoor patios: A premium feature that attracts and retains tenants while commanding higher rents.
• Canal-front living: Tenants enjoy waterfront views, kayaking, fishing, and peaceful outdoor relaxation.
Investor Highlights:
• Low-maintenance upgrades: Newer roof (2020), windows and doors (2017), updated plumbing (2023), and fresh landscaping minimize ongoing expenses.
• Immediate cash flow: No need to worry about vacancy – leases are already in place!
• Prime location: Close to schools, shopping, dining, and parks, this property is in a high-demand rental market.
• Strong Cape Coral rental demand: Ideal for investors looking for stable, long-term income with excellent growth potential.
This turnkey property is a hassle-free opportunity to start earning from day one. With its ideal location, upgraded features, and long-term tenants, it's a smart investment for any portfolio.
Location
State FL
County Lee
Community Cape Coral
Area Cc14 - Cape Coral Unit 16, 18, 22-
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Vinyl
Exterior
Exterior Feature Patio
Pool In Ground
Community Features Boat Facilities
Utilities Available Cable Available
Amenities Available None
Waterfront Description Canal Access, Seawall
Roof Type Shingle
Building
Lot Description Dead End
Sewer Assessment Paid
Water Assessment Paid
Structure Type Block,Concrete,Stucco
Others
Acceptable Financing All Financing Considered, Cash, FHA, VA Loan
Listing Terms All Financing Considered, Cash, FHA, VA Loan
Pets Allowed Yes
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Bought with Dalton Wade Inc