718/720 SE 46th Ter., Cape Coral, FL 33904

NEW ROOF with the highest Wind Rating for a good insurance $discount$. Attention Investors, are you looking for a well maintained, large, income property in downtown Cape Coral within walking distance to shopping, restaurants, school, & popular Four Freedoms Park? Did you know that the Cape Coral Yacht & Racquet Club with its PUBLIC BEACH, Fishing Pier, Boat Launch & boat Basin is only 2.3 miles away? Unit #720 current lease expires Feb.3, 2023 current Rent is $1,325 a month. UPDATE--Unit #718 has just BEEN RENTED for the annual monthly rent of $1,775, the new contract will expire June 31, 2023. That brings the total monthly rental income to $3100. If needed, professional Property Management is in place. They handle both annual & Vacation/Short Term rentals. Both units have been gone over by management company. There is new paint, fans, light fixtures, screened Lanai & more. BOTH Units are tiled throughout. #718 has a newer 2021, HVAC, Hot water heater & Refrigerator. Only Unit #718 comes with a washer and dryer.