116-118 SW 16th Ter, Cape Coral, FL 33991

Perfect Investment Income Property or live on 1 side and rent the other. Hard to find duplex -6 bedroom/4 bath/2 car garage in Cape Coral. You will love the open concept these units offer. Each side offers 3 bedrooms, 2 bath, 1 car garage and covered/screened in lanai. Laundry is conveniently located just out the kitchen door on a tiled floor in garage. Owner has made it easy and taken care of the major items. 2018 improvements include: New electrical panel, replaced roof/added 3rd nail, new water heater and A/C. Unit was re-piped however, a permit was not pulled. New garage doors. Water & Sewer assessments paid! Accordion hurricane shutters on all windows and doors on both units. This duplex is not located in a flood zone. Duplex has excellent long term rental history. Unit #118 has been rented for 9 years and just signed a new lease for 2023 at $1600 per month. Unit #116 has been rented to same tenant for 10 years and is now vacant. New carpeting in bedrooms is being installed making it move in ready. Duplex had minor damage (no flooding) due to the hurricane. Lanai screens have been replaced and damaged storage shed has been removed.