1226 SE 40th St., Cape Coral, FL 33904

1226 SE 40th St., Cape Coral, FL 33904
Photo 1 of 1
$300,000
Sold on 5/29/20
Beds Baths Sq. Ft. Taxes Built
4 4.00 0 $4,481 1964
On the market: 79 days
View full details, photos, school info, and price history
This is a legal 4 unit property per Lee Co Appraiser. Currently rented as a duplex with 2 bedrooms and 2 baths per side bringing in $2260 per month. The rental income shown in this listing is based on projected income. 4 doors allows great flexibility for annual or seasonal rentals. The attached financial analysis is based on actual historical data from my own properties with annual tenants in place. Waterfront / boating community. Walk to downtown Cape Coral restaurants , night clubs. festivals and Farmers Market. Great VRBO or Air B&B. Newer windows, terrazzo floors, updated kitchens and bathrooms, new hot water heaters. Quick Gulf access to the Gulf of Mexico. Clean, fast moving canal with concrete dock and seawall in excellent condition. Great fishing!
Listing courtesy of Patrick Mulcahy, MVP Realty Associates LLC