1015/1017 SW 48th TER Active

Cape Coral,FL 33914

$ 425000

6 Beds

4 Baths

2404 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,404 sqft

Price per Sqft $176

Subdivision Cape Coral

MLS Listing ID 2025006356

Style None

Bedrooms 6

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1985

Annual Tax Amount $5,473

Tax Year 2024

Lot Size 10,802 Sqft

Acres 0.248

Lot Dimensions Appraiser

Property Sub-Type Duplex

Property Description

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.

Location

State FL

County Lee

Community Cape Coral

Area Cc21 - Cape Coral Unit 3,30,44,6

Rooms

Bedroom Description NaN

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Furnishings Furnished

Fireplace No

Window Features Single Hung

Exterior

Exterior Feature Patio

Community Features Non- Gated

Utilities Available Cable Not Available

Amenities Available None

Waterfront Description None

Water Access Desc Assessment Paid,Public

Roof Type Shingle

Porch Patio

Garage No

Private Pool No

Building

Lot Description Rectangular Lot

Dwelling Type Duplex

Sewer Assessment Paid, Public Sewer

Water Assessment Paid, Public

Architectural Style None

Structure Type Block,Concrete,Stucco

Construction Status Resale

Others

Pets Allowed No

Senior Community No

Tax ID 15-45-23-C2-01698.0330

Acceptable Financing All Financing Considered,Cash

Disclosures Owner Has Flood Insurance

Listing Terms All Financing Considered,Cash

Pets Allowed No

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