527 SE 6th Avenue
Cape Coral, FL 33990
4 beds | 4 baths | 0.23 acres | #224093156
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
Legal
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Last Updated: . Source: FLGCMLS
Listing Courtesy
Listing Agent: Judy Sylvia (#533545)
Listing Office: RE/MAX Realty Team (#RMAX)
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.