Courtesy of: Michelle Distefano, Century 21 Selling Paradise, Michelle2BuyandSell@gmail.com
Courtesy of: Michelle Distefano, Century 21 Selling Paradise, Michelle2BuyandSell@gmail.com
$650,000
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.34 Acres
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Single Family Residence
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$650,000
107 SW 16th Terrace Great investment opportunity with this 4PLEX in a prime Cape Coral location. This income-producing 4-unit multifamily property offers steady cash flow and immediate rental appeal. Each spacious 2-bedroom, 1-bath unit features a living and dining area, kitchen, tile flooring throughout, screened lanai, and inside laundry hookups. Recent capital improvements include 4 new A/C Units (2021-2022), 4 new Water Heaters (2020, 2024, 2025, 2025), re-plumb, and a metal roof with third nail added in 2021.Two units have refreshed kitchens and bathrooms, adding modern appeal for tenants. No flood insurance required. A solid addition to any investor's portfolio, offering turnkey income and long-term appreciation potential!
Courtesy of: Michelle Distefano, Century 21 Selling Paradise, Michelle2BuyandSell@gmail.com
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