Photo 1 of 1
$355,000
Sold on 6/01/21
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 6 |
4.00 |
0 |
$4,400 |
2003 |
|
On the market:
43 days
|
View full details, photos, school info, and price history
Great investment opportunity with this duplex. Left side rents for $1250 and the right side is identical. Total gross annual income can be $30,000 minus taxes ($4400), insurance ($1900), lawn/pest ($1200), and 5% allowance for vacancy collection/repairs ($1500), you collect a Net Operating Income of $21,000. Or, live on one side with gross rental income of $15,000 from the other side. Each unit has 3 bedrooms, 2 baths and 1 car garage. Each side features vaulted ceilings, tile throughout and a private screened lanai. Right side unit was just painted and left side was painted in 2020. New air conditioners installed in 2018 and 2019. This is a great rental location in the heart of Cape Coral, close to stores, restaurants, schools, and commuter routes. All assessments are paid.
Listing courtesy of Michael Stamatopoulos, Zero In Real Estate LLC