Description

Well-positioned and income-producing, this spacious duplex offers two fully leased 2-bedroom, 2-bathroom units, each with private entrances, generous layouts, and dedicated parking. Located in a strong rental area of Cape Coral, this property delivers immediate cash flow with a 6.2% cap rate — ideal for both new and seasoned investors. Each unit is separately metered, with solid concrete block construction and minimal maintenance needs. Long-term tenants are already in place, and current rents support stable income with room for future upside through gradual rent increases. Both units have laundry hook ups! The property is situated directly next door to an 8-unit multifamily property also available for sale, offering a rare opportunity to acquire 10 doors on a single street — perfect for investors seeking operational efficiency and portfolio scale. Whether you’re buying for cash flow, 1031 exchange, or long-term appreciation, this turnkey duplex checks all the boxes.

Provided by Cornerstone Coastal Properties