107 SW 16th Ter., Cape Coral, FL 33991

107 SW 16th Ter., Cape Coral, FL 33991
Photo 1 of 31
$650,000
Beds Baths Sq. Ft. Taxes Built
8 4.00 0 $9,573 1985
On the market: 16 days

Est. Monthly Payment:

$4,690($3,892 + $798 taxes*)

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APPROVED
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Great investment opportunity with this 4PLEX in a prime Cape Coral location. This income-producing 4-unit multifamily property offers steady cash flow and immediate rental appeal. Each spacious 2-bedroom, 1-bath unit features a living and dining area, kitchen, tile flooring throughout, screened lanai, and inside laundry hookups. Recent capital improvements include 4 new A/C Units (2021-2022), 4 new Water Heaters (2020, 2024, 2025, 2025), re-plumb, and a metal roof with third nail added in 2021.Two units have refreshed kitchens and bathrooms, adding modern appeal for tenants. No flood insurance required. A solid addition to any investor’s portfolio, offering turnkey income and long-term appreciation potential!
Listing courtesy of Michelle Distefano, Century 21 Selling Paradise