04/22/2016
Zone P1 Commercial Building
Property type, or description 2 Unit
814 SE 16th Pl Cape Coral FL 33990
Zillow estimate more than $242,876
Lot size 10,000 SF
Building size 2,360 SF
Potential Gross Income $24,000
Need in repairs $25,000 to $35,000
After Repair Value $250,000 to $300,000
Asking Price $170,000 cash only
"Attention Investors, Builders, Contractors, Business Owners"
The property is conveniently located within walking distance to City Hall, Police Station, Post Office, Banks, right across from Del Prado Hospital, and is surrounding by medical places, also has alley access to the back of the unit; the rent in the area is between $10 to $15 per SF all depend of the future used of the building. The property needs between 25k and 35k in rehab or 30% less if you are a contractor or know one, the roof was done in 2007. The property need A/C, Electrical, pluming... build the inside of the 2 units to your needs or make one big unit. Please feel free to get in contact wit me for extra information. 2395955737
