UPDATED:
11/22/2024 05:10 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,306 sqft
Price per Sqft $203
Subdivision Lehigh Acres
MLS Listing ID T3553143
HOA Y/N No
Originating Board Stellar MLS
Year Built 2005
Annual Tax Amount $4,443
Lot Size 0.290 Acres
Acres 0.29
Property Description
Charming Duplex with Prime Investment Potential in Lehigh Acres
Welcome to 779 Bedford Dr, a fantastic opportunity for investors or owner-occupants in the thriving community of Lehigh Acres, FL. This well-maintained duplex offers an impressive total annual operating income of $43,875 with a net operating income of $33,800.63, showcasing its strong revenue potential. The property is strategically positioned to benefit from the potential for rental increases upon lease renewal, maximizing future returns.
Property Highlights:
Recent Upgrades: Enjoy peace of mind with a brand-new roof, ensuring durability and longevity. A clean 4-point inspection has recently been performed, meeting insurance requirements and adding further value.
Strong Income Potential: With a total annual income of $43,875.00 and annual operating expense of $10,074.38, this duplex offers a solid income stream and the opportunity for increased profitability with room for rent adjustments. Great ROI / Cash on Cash Returns!
Well-Maintained: This duplex has been meticulously cared for, making it a desirable and attractive option for tenants.
Prime Location: Situated in the rapidly growing Lehigh Acres area, this property is well-positioned to attract quality tenants and benefit from the area's upward trajectory.
This duplex is a promising investment with excellent income potential and minimal immediate maintenance concerns. Whether you're looking to expand your portfolio or find a stable income-producing property, 779 Bedford Dr is an opportunity not to be missed. Contact today to schedule a viewing and explore the benefits of owning this outstanding property.
Location
State FL
County Lee
Community Lehigh Acres
Zoning RM-2
Interior
Interior Features Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat
Heating Central
Cooling Central Air
Fireplace false
Laundry In Garage
Exterior
Exterior Feature Lighting, Rain Gutters, Sliding Doors
Garage Driveway
Garage Spaces 2.0
Utilities Available Public
Waterfront false
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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