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
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
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 225022319
Category: Multi-Family
Listed by Traikos Real Estate