Cape Coral, FL 33904 2836 SE 16th Place # 1-4
$775,000
Pending
34 more
Presented By: Sunshine Rentals & Property Ma
Beds • 8- Baths • 8
- SQFT • 3,200
Beds • 8
Baths • 8
SQFT • 3,200Home Details
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.
Presented By: Sunshine Rentals & Property Ma
Interior Features for 2836 SE 16th Place # 1-4
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringCarpet, Laminate, Other, Terrazzo
Heating Y/NYes
Window FeaturesJalousie
General for 2836 SE 16th Place # 1-4
Additional Parcels Y/NNo
Architectural StyleDuplex
Association AmenitiesNone
Attached Garage No
Carport Y/NNo
CityCAPE CORAL
Condo Fee0.0
Construction MaterialsBlock, Concrete, Stucco
ContingencyFinancing
CoolingCentralAir, CeilingFans, Electric
CountyLee
Days on Market10
DirectionsSE 16th Pl.
Exterior FeaturesCourtyard
Full Baths8
Garage Y/NNo
HOA0.0
HeatingCentral, Electric
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCAPE CORAL UNIT 20 PART 2 BLK 1185A PB 19 PG 44 LOTS 6 THRU 8
Lot Size UnitsAcres
MLS AreaCC13 - Cape Coral Unit 19-21, 25, 26, 89
MobileHomeRemainsYNNo
Net Operating Income37320.0
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense36000.0
Pets AllowedYes
PossessionCloseOfEscrow
PostalCityCAPE CORAL
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalDuplex, Quadruplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerAssessmentPaid
Standard StatusPending
StatusPending
Structure TypeQuadruplex, Duplex
Subdivision NameCAPE CORAL
Tax Annual Amount6323.89
Tax Lot6
Tax Year2023
Tenant PaysCableTV, Electricity
Unit Number1-4
UtilitiesCableAvailable
View Y/NNo
Waterfront FeaturesNone
Waterfront Y/NNo
Year Built1968
Zoning DescriptionR3-D
Exterior for 2836 SE 16th Place # 1-4
Building Area Total3200.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
HorsesN
Irrigation Water Rights Y/NNo
Irrigation/Water RightsN
Lot Dimensions120 x 130 x 120 x 130
Lot FeaturesRectangularLot
Lot Size Acres0.358
Lot Size Area0.358
Lot Size SourceAppraiser
LotDimensionsSourceAppraiser
Open Parking Y/NNo
SpaNo
Water SourceAssessmentPaid
Additional Details
Price History
