Commercial Property in Florida

Address: 607/609 SE 8th St Cape Coral 33990

Approximate value $: 199,000

OK, This is a house, however,I listed this under "Commercial" as it is a Duplex, rather than any of the other choices, and both sides are rentals at this time. I moved out of the one side and into a single family home I bought nearby, and no longer need the duplex. My permanent residence is in Middletown, Pa.

You may want to click on the "Satellite" link on the Google map below and ZOOM in. You will see the massive size of the place compared to the duplex to your right. The decks in the rear are visible and the fenced yard is the one on the right side.

Both are now occupied with good tenants. Gross Income is over $14k yrly. The home was built in the early 90s. Recent new or updated items are, Roof, Both central AC units, Interior & exterior paint, Carpeting and tile floors. All city utilities are in and assessments paid in full.

There is a total of 2488 sq. ft. under roof. Each side has 2 BR,2 bath,Living room,Kitchen,Enclosed porch w/AC (commonly called a Lanai in Florida) and could be used as a 3rd bedroom,Decks out back with 6' fenced yard on one side and a single car garage on each side as seen in the photo,Police station and everything you need only blocks away, yet the immediate neighborhood is not cluttered and noisy. Cape Coral is a nice suburban/rural type city on the Gulf Coast which is also only mins. away.

The tax assessment value figure a few years ago was $249,000. Taxes have been reduced by approx. half since then. No complaints from me as my tax burden now for the duplex and single family home togeather, is only as much as "each" were then. Cost of living is about like here in Pa.

I am offering this for trade/sale as a "turn key" business investment. You can use one side and rent the other or just keep it as a total income property for now. Please feel free to contact me with any questions.

Terry Goodman
717-514-4350
TGoo426193@aol.com

In exchange for Commercial Property in Pennsylvania, 17057

Approximate value $ : 199,000

Storage garages rentals, Storefront along busy roadway or what have you.

ID: 18438, Submitted: 10/29/2011 11:38:23, Updated: 10/29/2011 15:43:42, Visitors: 4596