PRICE REDUCTION!! NOW RETURNING a 7.25 CAP RATE!! The over sized lot (161 x 80) is in a peaceful, quite, safe area near downtown. The adjacent condo complex has property that makes this lot seem extra wide. The property is on a large main canal and the open river is 5 minutes by boat with one tall bridge. Walk to the restaurants, bars and festivals in downtown Cape Coral. This 4 bedroom 4 bath duplex is currently renting as 3 units with $2600/month in rental income. Would be great as an investment or owner occupied. Buy now and build your dream home or modern duplex later. All assessments are paid in full and the seawall is in good condition. Each side has private laundry in a separate out building. Updated electric and a/c. Roof in good condition
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