1015/1017 SW 48th Terrace $425,000

Great Investment Opportunity—Cape Coral Duplex! Looking for a reliable income-producing duplex with excellent tenant stability? Check out this 6 bed / 4 bath duplex (two identical 3 BED/2 BATH with garages) in a desirable spot near Cape Coral Parkway. • Built in 1985, with a solid structure and efficient systems and newer roof in place. • Tenants have been long-term residents and are interested in staying—providing immediate cash flow of $3,050/month which is under market. • Priced attractively at $425K (~$177/sq ft) with 2024 taxes at $5.5K/year. • Excellent net operating income potential, and low upkeep thanks to tenant-paid utilities. • Great location—close to shopping, schools, and major thoroughfares. Whether you're an investor or looking for a low-hassle, income-producing property, this duplex is priced and positioned to move fast.
General Amenities
Exterior Amenities
Landscape Amenities
Community Amenities
Beds
6
Baths
4.00
Lot Acres
0.25
Year Built
1985
Heat
Central,Electric
Roof
Shingle
1015/1017 SW 48th Terrace
Cape Coral, Florida 33914
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 2025006356
Category: Multi-Family
Listed by Red Key Realty Group LLC
Beds
6
Baths
4.00
Total Units
2
Lot Acres
0.25
Heat
Central,Electric
Cooling
CentralAir,Electric
Roof
Shingle
Year Built
1985
Beds
6
Baths
4.00
Lot Acres
0.25
Year Built
1985
Heat
Central,Electric
Roof
Shingle
1015/1017 SW 48th Terrace
Cape Coral, Florida 33914
United States
Subdivision: CAPE CORAL
County: Lee
Sale Type: For Sale
Ref #: 2025006356
Category: Multi-Family
Listed by Red Key Realty Group LLC