1302-1304 NE 16th Terrace $475,000
** 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.
General Amenities
Exterior Amenities
Landscape Amenities
Community Amenities
Appliance Amenities
- Beds
- 4
- Baths
- 4.00
- Lot Acres
- 0.26
- Year Built
- 2006
- Heat
- Central,Electric
- Roof
- Shingle
1302-1304 NE 16th Terrace
Cape Coral, Florida 33909
United States
Cape Coral, Florida 33909
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 225022319
Category: Multi-Family
Listed by Traikos Real Estate
- Beds
- 4
- Baths
- 4.00
- Total Units
- 2
- Lot Acres
- 0.26
- Heat
- Central,Electric
- Cooling
- CentralAir,CeilingFans,Electric
- Roof
- Shingle
- Year Built
- 2006
- Beds
- 4
- Baths
- 4.00
- Lot Acres
- 0.26
- Year Built
- 2006
- Heat
- Central,Electric
- Roof
- Shingle
1302-1304 NE 16th Terrace
Cape Coral, Florida 33909
United States
Cape Coral, Florida 33909
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 225022319
Category: Multi-Family
Listed by Traikos Real Estate