1226 SE 40th St

    Cape Coral, FL 33904
    • $309,900
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 220019502
    $309,900
    • 4
      BEDS
    • 0.23
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Lee

    School Ratings & Info

    Description

    This is a legal 4 unit property per Lee Co Appraiser. Currently rented as a duplex with 2 bedrooms and 2 baths per side bringing in $2260 per month. The rental income shown in this listing is based on projected income. 4 doors allows great flexibility for annual or seasonal rentals.The attached financial analysis is based on actual historical data from my own properties with annual tenants in place. Waterfront / boating community. Walk to downtown Cape Coral restaurants , night clubs. festivals and Farmers Market. Great VRBO or Air B&B.Newer windows, terrazzo floors, updated kitchens and bathrooms, new hot water heaters. Quick Gulf access to the Gulf of Mexico. Clean, fast moving canal with concrete dock and seawall in excellent condition. Great fishing!

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    © 2020 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2020-03-28T00:22:04.77.
    www.clausenproperties.com/homes/104061930

    1226 SE 40th St Cape Coral, FL 33904

    • Price: $309,900
    • Status: Active
    • MLS #: 220019502
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.23
    Acres
    1964
    Built
    Neighborhood:
    Cape Coral
    County:
    Lee
    Area:
    Cc12 - Cape Coral Unit 7-15
    Property Description
    This is a legal 4 unit property per Lee Co Appraiser. Currently rented as a duplex with 2 bedrooms and 2 baths per side bringing in $2260 per month. The rental income shown in this listing is based on projected income. 4 doors allows great flexibility for annual or seasonal rentals.The attached financial analysis is based on actual historical data from my own properties with annual tenants in place. Waterfront / boating community. Walk to downtown Cape Coral restaurants , night clubs. festivals and Farmers Market. Great VRBO or Air B&B.Newer windows, terrazzo floors, updated kitchens and bathrooms, new hot water heaters. Quick Gulf access to the Gulf of Mexico. Clean, fast moving canal with concrete dock and seawall in excellent condition. Great fishing!
    Exterior Features

    Boat Access Concrete Dock Building Desc Duplex Building Design Quadraplex Canal Width Canal Width 81-120 Construction Concrete Block Exterior Features Deck Exterior Finish Stucco Gulf Access Type Bridge(S)/Water Indirect Gulf Access YN Yes Irrigation None Lot Back 80 Lot Desc Regular Lot Frontage 80 Lot Left 125 Lot Right 125 Private Pool YN No Private Spa YN No Road Paved RoadPublic Road Roof Shingle Waterfront Desc CanalRip RapSeawall Waterfront YN Yes

    Interior Features

    Baths Total 4.00 Cooling Central ElectricWindow Unit Elevator None Flooring Terrazzo Heat Central ElectricWindow Unit Windows Double Hung

    Property Features

    Amenities Bike And Jog PathCommon LaundryCommunity Boat DockCommunity ParkCommunity PoolDog ParkFishing PierRestaurant Cable Available YN Yes Community Type Boating Foreclosed Reo YN No Golf Type Golf Public Gross Rental Income 42000.00 Information Available Leases Legal Unit 14 Lot Unit 13 MLS Florida Gulf Coast Pets No Approval Needed Possession At Closing Potential Short Sale YN No Sewer Assessment PaidCentral Source Of Measure Lot Dimensions Previous Appraisal Source Of Measure Lot Size Property Appraiser Office Special Information Owner Agent Status Type Resale Property Subdivision Or Condo Name Cape Coral Tax Desc City And County Tax District Type Not Applicable Tax Year 2019 Taxes 4481.00 Tenant Pays Cable Terms Buyer Finance/Cash Transfer Fee 0.00 Unit Count 4 Units In Building 4 Water Central Zoning Code R3-W

    Listing courtesy of Patrick Mulcahy of Mvp Realty Associates.


    © 2020 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Clausen Properties, Inc.. Data last updated 2020-03-28T00:22:04.77.
     
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