1302-1304 NE 16th Ter., Cape Coral, FL 33909

1302-1304 NE 16th Ter., Cape Coral, FL 33909
Photo 1 of 21
$475,000
Beds Baths Sq. Ft. Taxes Built
4 4.00 0 $9,890.83 2006
On the market: 131 days

Est. Monthly Payment:

$3,668($2,844 + $824 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
** 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.
Listing courtesy of George Traikos, Traikos Real Estate