Today we have THREE  homes for sale in Cape Coral, Florida in a great area of the northeastern part of the city.  Cape Coral is a beautiful peninsula city in Lee County.  One of the hardest hit areas in the country with the foreclosure crisis, homes are quickly selling today due to the sudden and massive drop in values.  Homes listed below were selling just a few years ago at well over $230,000.  The northeast part of the Cape is within just a few minutes to all Cape Coral amenities and reknown downtown Ft. Myers and the Edison Home Estate sections.

Our first house shown on the left is a Single Family Home.  Floorplan consists of 1574 square feet of living space and nearly 2,000 square feet total when including the large 2 car garage and lanai areas.  Inside, the flooring is covered with carpet and tile while the kitchen has a builder grade appliance and cabinet package.  We can get this home for about $65,000.  Average rental rate will be around $850-900 per month.  This is a 3 bedroom, 2 bath, 2 car garage floorplan.

Home was built in 2005 and made of CBS Construction which is Concrete.  Hip roof, window shutters, and concrete give this home a great opportunity for extremely low insurance.  Average annual insurance policies for investors run about $700 annually and include wind, fire, and flood.

This next home is in the same vicinity as the first in the northeastern part of Cape Coral.  This home is available for $70,000 and has 1408 square feet with over 1800 square feet once you include the garage and lanai.  This is situated on a nice and large corner lot which gives you a much larger setback than most homes do.  Built with a sunny and spacious floorplan consisting of 3 bedrooms, 2 full baths and a 2 car garage, it also comes with a separate utility room where the washer/dryer are located.

This home is available for $85,000.  This is very large and a beauty!  Consisting of 4 bedrooms, 2 full baths, and a 2 car garage, this home boasts 1837 of living area and over 2300 square feet when combining garage, patio, and lanai.  Cathedral ceilings, carpet/wood floor, dual sinks in master bathroom, and a screened lanai are perfect for a homeowner or investor for cash flow potential.

It is important to know that with all of our REO and foreclosure homes for sale, we work with you on making any cosmetic improvements that may or may not be needed.  Some investors prefer to tile the entire house upfront, while others do not.  Some prefer extra landscaping.  Whatever your ideas are, we want to hear them so we can collectively come to a conclusion to maximize your investments potential.

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