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1700 NE 8th Place

Cape Coral, FL 33909
  • $545,000
  • STATUS: Active
  • ON SITE: 179 Days
  • MLS #: 221032052
UPDATED: 25 min ago
$545,000
  • 4
    BEDS
  • 0.34
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2008
County:
Lee

School Ratings & Info

Description

HERE'S A ONE OF A KIND PROPERTY!! This HUGE duplex features 1550 SF living and an attached 2 car garage in each unit plus a CAVERNOUS RV garage measuring 65 feet by 16 feet separating the two units. Got toys? Store your RV, cars, and boat or rent out the RV garage for extra income. The garage has 50 AMP RV hookup and sewer dump and features a 16X8 foot loft for extra storage. Each unit has 2 bedrooms, 2 baths and 2 car garages. The kitchens have granite countertops, wood cabinets and stainless appliances. The duplexes feature high ceilings, 18 inch tile throughout and a private screened lanai. The large master bedrooms measure 14X14 feet with a walk-in closet. Both duplexes are currently on annual leases. Gross annual income is $32,400, but the RV garage could also be rented for $400 per month, bringing your gross rents to $37,200. Live on one side and have plenty of storage for all your toys while collecting rent from the other side. Or rent the whole complex for higher income. This is a great rental location in the heart of Cape Coral, close to everything. City Water assessment is paid.

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© 2021 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Avantgarde. Data last updated 2021-10-26T08:29:56.88.
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1700 NE 8th Place Cape Coral, FL 33909

  • Price: $545,000
  • Status: Active
  • Updated: 25 min ago
  • MLS #: 221032052
4
Beds
4
Baths
0
½ Baths
0.34
Acres
2008
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc31 - Cape Coral Unit 17,31-36
Property Description
HERE'S A ONE OF A KIND PROPERTY!! This HUGE duplex features 1550 SF living and an attached 2 car garage in each unit plus a CAVERNOUS RV garage measuring 65 feet by 16 feet separating the two units. Got toys? Store your RV, cars, and boat or rent out the RV garage for extra income. The garage has 50 AMP RV hookup and sewer dump and features a 16X8 foot loft for extra storage. Each unit has 2 bedrooms, 2 baths and 2 car garages. The kitchens have granite countertops, wood cabinets and stainless appliances. The duplexes feature high ceilings, 18 inch tile throughout and a private screened lanai. The large master bedrooms measure 14X14 feet with a walk-in closet. Both duplexes are currently on annual leases. Gross annual income is $32,400, but the RV garage could also be rented for $400 per month, bringing your gross rents to $37,200. Live on one side and have plenty of storage for all your toys while collecting rent from the other side. Or rent the whole complex for higher income. This is a great rental location in the heart of Cape Coral, close to everything. City Water assessment is paid.
Exterior Features

Architectural Style Multi-Level Construction Materials BlockConcreteStucco Covered Spaces 0 Exterior Features Sprinkler/Irrigation Irrigation Source Municipal Lot Features Multiple LotsSprinklers Automatic Lot Size Dimensions 120 X 125 X 120 X 125 Roof Shingle Structure Type Duplex Waterfront Features None Waterfront YN No

Interior Features

Cooling Central AirCeiling Fan(S)Electric Flooring Tile Heating CentralElectric Window Features Single HungSliding

Property Features

Association Amenities None Community Features Boat Facilities Development Name CAPE CORAL Gross Scheduled Income 32400 Gulf Access YN 0 Hoa Fee 0 Land Lease Amount 0 Listing Terms All Financing ConsideredCashFhaVa Loan Master Hoa Fee 0 Net Operating Income 25835 Operating Expense 6565 Pets Allowed Yes Pool Private YN No Potential Short Sale YN N Property Condition Resale Property Sub Type Duplex Restrictions Road Responsibility Public Maintained Road Sewer Septic Tank Spa YN No Tax Annual Amount 5265 Tax Block 2102 Tax Lot 27 Tax Year 2020 Tenant Pays ElectricityWater Water Source Assessment PaidPublic Zoning Description R3-D

Listing courtesy of Toni Zimmer of 4 Seasons Realty Llc.


© 2021 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Avantgarde. Data last updated 2021-10-26T08:29:56.88.
 
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