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Duplex

227-225 Cape Coral PKWY E

CAPE CORAL, FL 33904

MLS#: 226026704

$525,000

Status: Active
Listing number: 226026704
Listing provided by: Realty One Group MVP
Listing agent phone: None
Last update: 14 days ago
On site: 25 days ago
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CAPE CORAL - Residential Income

Property

Beds

5

Full Baths

4

1/2 Baths

None

Year Built

1984

Sq.Footage

2,606

Income Today Upside tomorrow. OPPORTUNITY KNOCKS on Cape Coral Parkway! This existing duplex includes a one-car attached garage on one side and offers multiple possibilities for rental income, expansion, or future redevelopment. The multifamily property includes additional land that may provide the opportunity to construct another duplex while retaining the existing structure. You may also consider removing the existing improvements and redeveloping the combined property for multiple residential units, potentially more than four units, depending on allowable density, setbacks, parking, utilities, site-plan requirements, and final approval from the City of Cape Coral. Buyers should independently verify all development possibilities with the City. DO NOT DISTURB TENANTS!!!! Recent permit history includes a Re-roof completed in 2022 and re-piping work completed in 2004 for both sides.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.459

  • Lot Size(square feet)

    19,994

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Duplex

Price

  • Sales Price

    $525,000

  • Tax Amount

    $4,152.03

  • Sq. Footage

    2,606

  • Price/SqFt

    $201

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Association Amenities

    None

  • Senior Community YN

    NO

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Location

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Lee

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Listing Courtesy of Jeannette Di Leo , Realty One Group MVP

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Income Today Upside tomorrow. OPPORTUNITY KNOCKS on Cape Coral Parkway! This existing duplex includes a one-car attached garage on one side and offers multiple possibilities for rental income, expansion, or future redevelopment. The multifamily property includes additional land that may provide the opportunity to construct another duplex while retaining the existing structure. You may also consider removing the existing improvements and redeveloping the combined property for multiple residential units, potentially more than four units, depending on allowable density, setbacks, parking, utilities, site-plan requirements, and final approval from the City of Cape Coral. Buyers should independently verify all development possibilities with the City. DO NOT DISTURB TENANTS!!!! Recent permit history includes a Re-roof completed in 2022 and re-piping work completed in 2004 for both sides.

227-225 Cape Coral PKWY E

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