2836 SE 16TH PL # 1-4
CAPE CORAL, FL 33904

FANTASTIC INVESTMENT OPPORTUNITY IN FLOOD ZONE X!! Introducing this multi family complex located in the heart of SE Cape Coral in a well groomed residential neighborhood with NO FLOOD ZONE. This building features 4 units all with 2 bedrooms and 2 baths. All units have front screened in lanais. All units are occupied at this time with annual leases. Featuring several updates but not limited too: NEW ROOF 2023! ASSESSMENTS IN AND PAID FOR! Unit 1: Bathroom resurfaced 4/2024, Water heather replacement 1/2022 Unit 2: Water heater replacement 9/2023, Electrical panel replacement 12/2017 Unit 3: AC Replacement 2023, Bathroom resurfacing 4/2023 Unit 4: Water heater replacement 2018 All AC units are on a regular maintenance place. Each unit comes with individual storage area with washer/dryer hook ups. All units are metered separately for electric. One Water Meter for each side of duplex. Professional property management company in place.

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