4020-4022 SW 7th PL Active

Cape Coral,FL 33914

$ 495000

6 Beds

4 Baths

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Ranch,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cape Coral

MLS Listing ID 224088401

Bedrooms 6

Full Baths 4

HOA Y/N Yes

Originating Board Florida Gulf Coast

Year Built 2000

Annual Tax Amount $6,561

Tax Year 2023

Lot Size 10,759 Sqft

Acres 0.247

Property Description

Located in SW Cape Coral, considered the best area of the city, this duplex will prove to be a great long term investment. With 3 bedrooms and 2 bathrooms on each side, and an enclosed garage for each side, you can maximize your income potential. It is located on a fantastic street with other duplexes, surrounded by Gulf access homes. A new dimensional shingle roof was completed in October, 2023. Concrete block construction, built in 2000, city water and sewer with all assessments paid, and it is on an oversized corner lot. Spacious 1,250 sq ft. units. The left side unit has been remodeled recently. This unit is ready for immediate occupancy by owner or a new tenant at top market rents. The right side unit 4020 has a new AC unit installed in 2020 & is occupied by a good tenant for over 10 years. The lease expires at the end of December 2024, and then both sides will be available for new tenants of the Buyer's choice. Walking distance to Neighborhood Walmart, the public library & approximately 600 feet to the city bus stop. This is a great location for tenants & a perfect opportunity for an owner occupied/multigenerational living arrangement. With many families supporting elderly parents, this duplex is perfect to keep your loved ones close, but with the privacy of their own unit. Or, simply make this your first investment, and let someone else pay your mortgage! Plenty of room to add a pool. Cape Coral is a newer city that is clean, safe, and referred to as "A Boater's Paradise".

Location

State FL

County Lee

Area Cape Coral

Zoning R3-D

Interior

Heating Central Electric

Flooring Carpet,Tile

Fireplace No

Heat Source Central Electric

Exterior

Amenities Available None

Waterfront Description None

Roof Type Shingle

Garage No

Private Pool No

Building

Lot Description Oversize

Water Assessment Paid,Central

Architectural Style Ranch,Duplex

Structure Type Concrete Block,Stucco

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 11-45-23-C1-01728.0430

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