128 SE 12TH Terrace 1-4, Cape Coral, FL 33990

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$899,900

bedrooms

bathrooms

square feet

Acreage

0.386

Open Houses

year built

1988

Full Baths

Half Baths

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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 ***

Location
Subdivision	Cape Coral
County	Lee
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 224045386

Listing agent: Anita Alt #258024007

Listing broker: Royal Shell Real Estate, Inc. (239) 689-7653

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Last update: Tuesday, April 22 2025 at 3:28 p.m. EDT

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