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1015/1017 SW 48th Terrace, Cape Coral, FL 33914

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For Sale
Sale Pending

$425,000

6 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 31-40 Years Old
    Age

Explore this Property

Great Investment Opportunity-Cape Coral Duplex! Looking for a reliable income-producing duplex with excellent tenant stability? Check out this 6 bed / 4 bath duplex (two identical 3 BED/2 BATH with garages) in a desirable spot near Cape Coral Parkway. - Built in 1985, with a solid structure and efficient systems and newer roof in place. - Tenants have been long-term residents and are interested in staying-providing immediate cash flow of $3,050/month which is under market. - Priced attractively at $425K (~$177/sq ft) with 2024 taxes at $5.5K/year. - Excellent net operating income potential, and low upkeep thanks to tenant-paid utilities. - Great location-close to shopping, schools, and major thoroughfares. Whether you're an investor or looking for a low-hassle, income-producing property, this duplex is priced and positioned to move fast.
MLS# 2025006356

Courtesy Of Red Key Realty Group LLC

(239) 458-2630

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Patio
  • Exterior Type
    Block
  • Floor Covering
    Tile
  • Lot Size
    0.25 Acres

Map and Directions

Directions to 1015/1017 SW 48th Terrace, Cape Coral, FL 33914

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CENTURY 21 Selling Paradise

(239) 542-5777
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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.