707 Se Van Loon Ter, Cape Coral, FL 33990

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List Price
$429,000
Listing Price
$429,000
Days on Market
2
MLS#
2026044908
Development
Cape Coral
Building Design
Duplex
Status
ACTIVE
County
Lee
Region
CC14 - Cape Coral Unit 16,18,22-
Development
Cape Coral
Subdivision
Cape Coral
Year Built
2002
Total Area
10,018

Property Description

Investors, this one checks every box. This duplex offers two 3-bed, 2-bath units with a very strong rental history and zero vacancy. Both sides are on long-term leases at $1,650 a month each, bringing in $39,600 in gross annual rent. Each unit has its own garage, which tenants love and which helps keep turnover low. The big-ticket items are already done: new roof, AC, and water heaters in 2021, so you can add this to your portfolio without worrying about major expenses for years to come. Whether you’re growing your rental portfolio or looking to live in one side and let the other help pay the mortgage, this property is ready to produce from day one. Opportunities with this kind of track record don’t last long, so schedule your showing today!

Additional Information

Units
1
Bathrooms
4
Lot Description
Regular
Lot Frontage
80
Construction
Concrete Block, Stucco
Amenities
None, No Subdivision, Non-Gated
Windows
Other
Water
Assessment Paid
Sewer
Assessment Paid
Cooling
Central Electric
Irrigation
Assessment Paid
Waterfront Description
None
Boat Access
None

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Calculator source: Real Geeks

Listing courtesy of Starlink Realty, Inc.