2836 SE 16th Place, #1-4

Cape Coral, FL 33904

FANTASTIC INVESTMENT OPPORTUNITY IN FLOOD ZONE X!! Introducing this multi family complex located in the heart of SE Cape Coral in a well groomed residential neighborhood with NO FLOOD ZONE. This building features 4 units all with 2 bedrooms and 2 baths. All units have front screened in lanais. All units are occupied at this time with annual leases. Featuring several updates but not limited too: NEW ROOF 2023! ASSESSMENTS IN AND PAID FOR! Unit 1: Bathroom resurfaced 4/2024, Water heather replacement 1/2022 Unit 2: Water heater replacement 9/2023, Electrical panel replacement 12/2017 Unit 3: AC Replacement 2023, Bathroom resurfacing 4/2023 Unit 4: Water heater replacement 2018 All AC units are on a regular maintenance place. Each unit comes with individual storage area with washer/dryer hook ups. All units are metered separately for electric. One Water Meter for each side of duplex. Professional property management company in place.

This is an Pending listing.

Broker Office Phone Number: 239-541-5570

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