116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
116-118 SW 16th Terrace
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116-118 SW 16th Terrace
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116-118 SW 16th Terrace
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116-118 SW 16th Terrace
Pending

116-118 SW 16th Terrace

116-118 SW 16th Terrace, CAPE CORAL, FL 33991

$495,000
Perfect Investment Income Property or live on 1 side and rent the other. Hard to find duplex -6 bedroom/4 bath/2 car garage in Cape Coral. You will love the open concept these units offer. Each side offers 3 bedrooms, 2 bath, 1 car garage and covered/screened in lanai. Laundry is conveniently located just out the kitchen door on a tiled floor in garage. Owner has made it easy and taken care of the major items. 2018 improvements include: New electrical panel, replaced roof/added 3rd nail, new water heater and A/C. Unit was re-piped however, a permit was not pulled. New garage doors. Water & Sewer assessments paid! Accordion hurricane shutters on all windows and doors on both units. This duplex is not located in a flood zone. Duplex has excellent long term rental history. Unit #118 has been rented for 9 years and just signed a new lease for 2023 at $1600 per month. Unit #116 has been rented to same tenant for 10 years and is now vacant. New carpeting in bedrooms is being installed making it move in ready. Duplex had minor damage (no flooding) due to the hurricane. Lanai screens have been replaced and damaged storage shed has been removed. Roof is being repaired mid January.

6
beds

4
baths

2,372 Sq.Ft. LIVING AREA

0.23 Acres lot

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Schedule a Showing

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Thank you for your interest in 116-118 SW 16th Terrace, CAPE CORAL, FL 33991. We are reviewing your request and will be in touch shortly!
Alexis Hansen

Alexis Hansen

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4
  • full bathrooms4
  • Flooring Carpet, Tile, Vinyl

Area & Lot

  • Status Pending
  • Living Area2,372 Sq.Ft.
  • Lot Area0.23 Acres
  • MLS® ID222083571
  • TypeMulti-Family
  • YEAR BUILT1983
  • Architecture StylesTraditional, Duplex

Exterior

  • water SourceAssessment Paid
  • roofShingle
  • lot featuresRectangular Lot, Sprinklers Automatic
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air, Ceiling Fan(s), Electric
  • sewerAssessment Paid
  • SubstructureBlock, Concrete, Stucco
  • HOA AmenitiesNone
  • other exterior FeaturesSprinkler/Irrigation

Financial

  • Sales Price$495,000
  • Real Estate Tax $4,326/yr
  • HOA Fees

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