$399,900
For Sale

527 SE 6th Avenue

Cape Coral, FL 33990
4 beds | 4 baths | 0.23 acres | #224093156
Browse 45 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

SOLID DUPLEX INVESTMENT | PRIME SE CAPE CORAL | NEW MAJOR SYSTEMS -Take advantage of this promising investment opportunity in one of Cape Coral's desirable neighborhoods. This well-functioning duplex, situated in desirable FLOOD ZONE X location (no flood insurance required) offers reliability with recently updated major systems and strong rental income potential. The property features city water and sewer connections already in place, eliminating future assessment concerns. A new roof installed in 2022, along with new AC systems and hot water heaters in both units, provides essential system reliability for years to come. Each unit offers a practical floor plan featuring 2 bedrooms and 2 bathrooms, consistently attracting steady tenants. The right side unit includes a screened lanai, while the left side unit features an enclosed Florida room, offering residents additional living space to enjoy the Florida lifestyle. Both units include convenient interior laundry areas, adding to their rental appeal. The property is currently fully rented, demonstrating its stable market position.
Positioned in the heart of Southeast Cape Coral, this duplex provides residents easy access to shopping, dining, and entertainment options. The location continues to draw consistent rental interest, making this a solid addition to any investment portfolio. Whether you're seeking a pure investment property or considering an owner-occupied arrangement where you can live in one side while collecting rent from the other, this duplex offers flexibility and value. With its updated major systems, established rental history, and convenient location, this property presents a practical opportunity in an established area of Cape Coral.

  • Interior Details
      • Bedrooms4
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Lot DescriptionRectangularLot
      • Exterior MaterialsNone, Patio
    • Measurements
      • Acres0.23
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1981
  • Utilities / Energy Details
      • Sewer InformationAssessmentPaid, PublicSewer
      • Utility SourceAssessmentPaid, Public
      • Utility FeaturesCableAvailable
  • Community and Neighborhood Details
      • SubdivisionCAPE CORAL
    • Location
      • CountyLee
  • Financial Details
      • Original List Price$399,900
      • Taxes Annual$5,439
  • Restrictions
      • PetsYes
  • Other
      • MLS #224093156

Location

Darren GreeneReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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