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$495,000

Beds
6
Baths
4.0
sq ft
Unknown

4020/4022 SW 7th Pl, Cape Coral, FL 33914

4020/4022 SW 7th Pl

CAPE CORAL, FL 33914

  • 17 days on market
Located in SW Cape Coral, considered the best area of the city, this duplex will prove to be a great long term investment. With 3 bedrooms and 2 bathrooms on each side, and an enclosed garage for each side, you can maximize your income potential. It is located on a fantastic street with other duplexes, surrounded by Gulf access homes. A new dimensional shingle roof was completed in October, 2023. Concrete block construction, built in 2000, city water and sewer with all assessments paid, and it is on an oversized corner lot. Spacious 1,250 sq ft. units. The left side unit has been remodeled recently. This unit is ready for immediate occupancy by owner or a new tenant at top market rents. The right side unit 4020 has a new AC unit installed in 2020 & is occupied by a good, long term tenant who would prefer to stay. This tenant has a current lease in place. Walking distance to Neighborhood Walmart, the public library & approximately 600 feet to the city bus stop. This is a great location for tenants & a perfect opportunity for an owner occupied/multigenerational living arrangement. With many families supporting elderly parents, this duplex is perfect to keep your loved ones close, but with the privacy of their own unit. Or, simply make this your first investment, and let someone else pay your mortgage! Plenty of room to add a pool. Cape Coral is a newer city that is clean, safe, and referred to as "A Boater's Paradise".

Details

Property type

Ranch

Est. home value

$432,114

Lot size

0.247 acres

Price per sq ft

Unknown

Year built

2000

Annual property taxes

$6,561.08

Price History

11/02/2024
NABOR

NABOR #224088401

Listed
$495,000
+17.86%
08/31/2021
NABOR

NABOR #221051453

Sold
$420,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Presidential Bank Fsb

Loan start date

August 2021

Original loan amount

$315,000

Est. remaining balance

$293,075

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Christopher R Coll and Courtney E Coll

Lender

Presidential Bank Fsb

Loan start date

August 2021

Original loan amount

$315,000

Est. remaining balance

$293,075

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Christopher R Coll and Courtney E Coll

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 10:15 AM

Listing updated: 11/14/2024 at 3:25 PM

Listed by: Robert Guth, RE/MAX Trend Phone #: (239) 541-1661

MLS: NABOR #224088401

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