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Property Type
Duplex, Residential Income

6
Bedrooms

4
Bathrooms

Sqft
Area Size

2004
Year Built

Pending

1242 Se 24th Ave, Cape Coral, Florida 33990

$429,000

Description

Don’t miss out on one of the lowest priced 6 bedroom, 4 bathroom duplexes on the market, in a central Cape Coral location with city water and sewer. A strong income opportunity or a smart move for an owner occupant. Each side offers 3 bedrooms, 2 bathrooms, a 1 car garage, high ceilings, and tile throughout. New roof installed in 2023. Both sides are occupied at $1, 800 per month each with long term tenants, for $3, 600 a month in combined rental income. This is a turnkey investment property with immediate cash flow. Buyers may also qualify for the assumable FHA loan at 3%, a rare chance to take over cash flowing real estate with significantly lower monthly costs. Well maintained, no surprises, and priced to sell.