707 SE Van Loon Terrace, Cape Coral, FL 33990

$429,000
: 6
BD
: 4
BA
: 2,598
SqFt

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List Price: $429,000
Status: ACTIVE
Days on Market: 3
MLS#: 2026044908
Subtype: Residential Income
Style: Duplex
Architectural Style: Duplex
Year Built: 2002
Bedrooms: 6
Bathrooms: 4
Full Baths: 4
Living Area: 2,598
Acres: 0.23
Subdivision: Cape Coral
Neighborhood: Cape Coral
MLS Area Major: CC14 - Cape Coral Unit 16,18,22-

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Property Description

Investors, this one checks every box. This duplex offers two 3-bed, 2-bath units with a very strong rental history and zero vacancy. Both sides are on long-term leases at $1,650 a month each, bringing in $39,600 in gross annual rent. Each unit has its own garage, which tenants love and which helps keep turnover low. The big-ticket items are already done: new roof, AC, and water heaters in 2021, so you can add this to your portfolio without worrying about major expenses for years to come. Whether you’re growing your rental portfolio or looking to live in one side and let the other help pay the mortgage, this property is ready to produce from day one. Opportunities with this kind of track record don’t last long, so schedule your showing today!

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Additional Information

Amenities: None
Exterior Features: Patio
Taxes: $7,765
Property Description: Duplex
Zoning: RML
Flooring: Carpet, Tile
Heating: Central, Electric
Air Conditioning: Central Air, Electric
Exterior Construction: Block, Concrete, Stucco
Roof: Shingle

707 SE Van Loon Terrace, Cape Coral, FL 33990

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Property Description

Additional Information

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