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718-720 SE 46th Terrace Cape Coral, FL $ 540,000
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$ 540,000 Get more info
718-720 SE 46th Terrace
$ 540,000
Back to search
Share Save

718-720 SE 46th Terrace

Cape Coral, FL, 33904
$ 540,000
Bedrooms4 Baths4.0 Sq 2,444

Monthly Estimate*

$ 3,772

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Multi-Family Home for sale in Cape Coral, FL

for $540,000 with 4 bedrooms and 4 full baths. This 2,444 square foot home was built in 1991 on a lot size of 0.23.

Attention Investors: Great long term income producing property. Approx. 18 months left on leases. Each side rents for $1,800. per month. Annual gross income is $43,200. Good tenant's been there for many years and would like to stay. Home is located in the sought after downtown area, walking distance to downtown entertainment district. Close to the Yacht Club and public beach. Unit #720 has stainless appliance package. Tile throughout both sides. Both homes have garages. Roof 2022. Unit #718 leased until August 31, 2025...$1,800.00 security deposit Unit #720 leased until January 31, 2025...$1,800.00 security deposit.

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Multi-Family Pending

Price

$ 540,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,928

Style

Ranch,One Story,Duplex

Lot Size

0.23

Year Built

1991

Town/City

Cape Coral

County/Region

Lee

MLS | Web ID

224025847
Features
General
Sewer Assessment Paid
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Possession Close Of Escrow
Roof Shingle
Exterior Features None
HOA 0
Architectural Style Ranch One Story Duplex
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1991
Tenant Pays Application Fee Credit Check Cable TV Electricity Internet Pet Deposit Security Sewer Water
Stories 1
Property SubType Duplex
Tax Year 2023
Waterfront Features None
County Lee
Net Operating Income 29700
Operating Expense 13500
Property Type Residential Income
Association Amenities None
Subdivision Name CAPE CORAL
Status Pending
Directions Cape Coral Pkwy north on Coranado Pkwy west on SE 46th Ter
City CAPE CORAL
Buyer Agent Compensation 2.5%
Land Lease Amount 0
Zoning Description R3-D
Total Units 2
MLS Area CC12 - Cape Coral Unit 7-15
Waterfront Y/N 0
Street Name 46th
Tax Annual Amount 6928.23
Property Condition Resale
Days on Market 29
Structure Type Duplex
Standard Status Pending
Tax Lot 21
Property Sub Type Additional Duplex
Legal Description CAPE CORAL UNIT 9 BLK.318 PB 13 PG 11 LOTS 21 + 22
Condo Fee 0
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Interior
Flooring Tile
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Arched Single Hung
Full Baths 4
Half Baths 0
Street Suffix Terrace
Total Bedrooms 4
Total Baths 4
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Exterior
Lot Features Rectangular Lot
Water Source Assessment Paid
Lot Size Area 0.23
Spa 0
Building Area Total 2444
Lot Dimensions 116 x 84 x 84 x 116
Lot Size Acres 0.23
Lot Size Units Acres
Lot Size Source Appraiser
Covered Spaces 0
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* Excluded Features
List By
Roxann Wothe

Listing Agent

Sellstate Priority Realty

Broker

wothe@earthlink.net

Email

Affordability Calculator

$4,349
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,772
Monthly Property Taxes
$577
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1023546 Elementary School
1023297 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2024$540,000 Listed Price

Map

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718-720 SE 46th Terrace, Cape Coral, FL, 33904 is a Multi-Family Home for sale at $540,000 with 2,444 sqft and a lot size of 0.23. 718-720 SE 46th Terrace has 4 bedrooms, 4.0 baths, and was built in 1991. The property's zip code is 33904 which is in Cape Coral, FL

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