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
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
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