707 SE Van Loon TER, Cape Coral, FL 33990

$429,000
6
BD
4
BA
2,598
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$429,000
Listing Price
$429,000
MLS#
2026044908
Status
ACTIVE
Development
Cape Coral
Building Design
Duplex
County
Lee
Region
CC14 - Cape Coral Unit 16,18,22-
Development
Cape Coral
Subdivision
Cape Coral
Year Built
2002

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

Bathrooms
4
Approximate Living Area
2,598
Building Description
Duplex
Acres
0.23
Amenities
None
Water
Assessment Paid
Cooling
Central Electric
Waterfront Description
None
Boat Access
None
Community Type
No Subdivision, Non-Gated

How much is your home worth?

Find out instantly.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Starlink Realty, Inc.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.