Average square foot calculated using Size range provided by listing agent.
Description
Well-positioned and income-producing, this spacious duplex offers two fully leased 2-bedroom, 2-bathroom units, each with private entrances, generous layouts, and dedicated parking. Located in a strong rental area of Cape Coral, this property delivers immediate cash flow with a 6.2% cap rate — ideal for both new and seasoned investors. Each unit is separately metered, with solid concrete block construction and minimal maintenance needs. Long-term tenants are already in place, and current rents support stable income with room for future upside through gradual rent increases. Both units have laundry hook ups! The property is situated directly next door to an 8-unit multifamily property also available for sale, offering a rare opportunity to acquire 10 doors on a single street — perfect for investors seeking operational efficiency and portfolio scale. Whether you’re buying for cash flow, 1031 exchange, or long-term appreciation, this turnkey duplex checks all the boxes.Show Description
MLS® Number2025001580
Laundry Level
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageNo
Approx. Age1978
Basement
Driveway
Garage Spaces
HeatCentral Electric
A/CCeiling Fan(s), Central Electric
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing