227-225 Cape Coral PKWY E, Cape Coral, FL 33904
- $525,000
- 5
- BD
- 4
- BA
- 2,606
- SqFt
Courtesy of Realty One Group MVP.
- List Price
- $525,000
- Status
- ACTIVE
- Days on Market
- 10
- MLS#
- 226026704
- Subtype
- Residential Income
- Style
- Duplex
- Year Built
- 1984
- Bedrooms
- 5
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,606
- Lot Size
- 19,994
- Acres
- 0.46
- Subdivision
- Cape Coral
- Neighborhood
- Cape Coral
- MLS Area Major
- CC12 - Cape Coral Unit 7-15
Property Description
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.
/u.realgeeks.media/manhhomes/header3.png)
Additional Information
- Amenities
- None
- Taxes
- $4,152
- Property Description
- Duplex
- Zoning
- RML
- Flooring
- Laminate, Tile
- Heating
- Central Electric
- Air Conditioning
- Ceiling Fan(s), Central Electric
- Roof
- Shingle
- Foundation
- Concrete Block
Mortgage Calculator
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.