$549,900

About This Property

This is THE INVESTMENT of a Life-time. Duplex (1 unit: apprx. 1100SQFT 2-bed, 2-bath; 1 unit: approx. 600SQFT 1 bed, 1 bath). This property has the potential to be PRODUCING INCOME "As-Is". Not to mention the location could not be better. You could not get a property closer to the ocean. Direct Gulf-Access (concrete dock), Centrally located in Cape Coral. Minutes from Local Churches, Schools, Cape Coral's Finest Restaurants & Entertainment, and the Cape Coral Yacht Club (12 minutes to 41 Ft. Myers). Being Industrially zoned this property has the potential to become nearly anything you desire. Tear it down, and build a Multi-Family complex. Gas station? Sure. Air B-N-B? Absolutely. Primary Residence w/ a rental income? Go for it. Property "As-Is" brings in $2,000 monthly, tenants are on a month-to-month lease and are paying substantially less than current market value. Home is under renovation, a Brand New Roof is being placed, as well as, an additional bathroom is being added to make it 3 bedrooms, 3 bathrooms total. HUGE, Commercial Marina project right around the corner. Great investment, with only the potential to go up in value! LOCATION, LOCATION, LOCATION!

infoProperty Details

Property Type

Duplex

Year Built

1972

Lot Size

0.23 acres

Bedrooms

3

Bathrooms

3

Days on Market

8

Cumulative DOM

81

List Date

Mar 15, 2022

Sold Date

chairInterior Features

yardExterior & Lot

Mortgage calculator

Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

Coldwell Banker Realty

239-263-3300