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HUGE PRICE IMPROVEMENT - GREAT INVESTMENT OPPORTUNITY! Owner wants to move on to bigger things! This well maintained 4-Plex has garages and in-ground pool; it is located in the heart of Cape Coral - all units have been re-piped; all new electrical panels; all new/newer AC units and hot water tanks. The units feature carpet, tile and most have been recently painted. Most appliances are newer. Roof was replaced after Ian (no flood damage) as well as decking; all new storm doors and shutters for windows were added. 3 of the garages are used by tenants and 1 garage is used for “tenant and owner” storage. This building has been consistently maintained and serviced. Owner pays water however the units are metered for easy conversion. The pool was resurfaced in 2022 and a new pool pump purchased in March of 2022. All tenants have lived there minimum of 4-5 years and have established a nice community. Showings will be granted with pre-approval or POF; Serious inquiries only! *** DO NOT APPROACH BUILDING - DO NOT APPROACH TENANTS ***

PROPERTY FEATURES

Irrigation Source : Municipal,IncludedInAssessment
Utilities : CableAvailable Water Source : AssessmentPaid,Public Sewer System : AssessmentPaid,PublicSewer
Community Features : NonGated
Exterior Features : Deck,Fence,Other,Patio,Storage Lot Features : MultipleLots,OversizedLot Road Surface Type : Paved Roof : Shingle
Architectural Style : TwoStory,SeeRemarks Property Sub-Type Additional : Quadruplex Property Condition : Resale Zoning Description : R3-D Pool Features : Concrete,InGround,ScreenEnclosure,SeeRemarks
Heating : Yes. Heating : Central,Electric Cooling : Yes. Cooling : CentralAir,CeilingFans,Electric
Construction Materials : VinylSiding,WoodFrame
Window Features : SingleHung,Sliding Flooring : Carpet,Tile

PROPERTY DETAILS

Street Address: 128 SE 12TH Terrace Unit# 1-4
City: Cape Coral
State: Florida
Postal Code: 33990
County: Lee
MLS Number: 224045386
Year Built: 1988
Courtesy of Royal Shell Real Estate, Inc.

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