$465,000

405/407 NE 24th Avenue Cape Coral, FL 33909 Multi Unit - Multiple Active

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Description

EXCELLENT INVESTMENT OPPORTUNITY IN CAPE CORAL! Welcome to 405/407 24th Ave, a well-maintained Bradford Homes-built duplex offering approximately 1,207 square feet of living space per side, with a private attached one-car garage for each residence.Unit 405 features 2 bedrooms and 2 bathrooms, while Unit 407 has been converted and is currently configured as a 3-bedroom, 2-bath residence, providing additional flexibility and rental appeal.Both residences are currently tenant-occupied, offering an established income-producing opportunity for investors. Major improvements include a NEW SHINGLE ROOF IN 2023 and A/C SYSTEMS INSTALLED IN 2019. Both units are equipped with storm shutters and hurricane-code garage doors, while an irrigation system helps maintain the property's exterior.Each residence features a bright and functional OPEN FLOOR PLAN connecting the living room, dining area, and kitchen. Both units also feature newer tile flooring, providing an attractive, durable, and easy-care finish. A dedicated laundry room is conveniently located just off the kitchen.Sliding glass doors extend the living areas outdoors to private covered patios, providing additional space to relax and enjoy the Florida lifestyle. Unit 407 offers additional improvements, including granite countertops and a rebuilt shower.Conveniently located in Cape Coral with easy access to shopping, dining, schools, major roadways, and everyday conveniences. With two tenant-occupied residences, private garages, covered patios, recent major improvements, and an established rental history, this duplex presents an attractive opportunity to add an income-producing property to an investment portfolio.Existing lease agreements must be honored by the buyer. PLEASE DO NOT DISTURB TENANTS. Showings by appointment only.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 1 car attached
Heating: Central
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,956
Year Built: 2004

General Information

Bedrooms: 5
Sqft: 2,414
County: Lee
Subdivision: CAPE CORAL
Listed By:
Ryan Finnegan MARINA PARK REALTY LLC 941-205-0888

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Walk-In Closet(s)
Hurricane Shutters
Lighting
Private Mailbox
Rain Gutters

Property Features

Annual Net Income: 33300.00
Appliances: Dishwasher, Microwave, Range, Refrigerator
Days on Site: 1
Directions: FROM US41 SOUTH IN CAPE CORAL TURN RIGHT ONTO PINE ISLAND RD, LEFT ONTO DEL PRADO BLVD N, LEFT ONTO NE 6TH ST, RIGHT ONTO NE 24TH ST. HOME IS ON THE LEFT
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Garage Dimensions: 20X14
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Greenbelt, Paved
Lot Dimensions: 0.24
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Parking: Driveway, Garage Door Opener, Ground Level, Off Street
Parking Notes: Driveway, Garage Door Opener, Ground Level, Off Stree
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RML
$465,000
5beds
2,414sqft
1cars
New to the Market Active
BEDS5 BATHS SQUARE FEET2,414 MLS#C7529979
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCAPE CORAL

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405/407 NE 24th Avenue , Cape Coral, FL 33909.

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Estimated Payment

$ 2,283.66 per month $1,568.37 Principal & Interest $579.67 Property Tax $135.63 Homeowner's Insurance

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