- MLS#: TB8337818 ( Residential Income )
- Street Address: 777-779 Bedford Drive 779
- Viewed: 2
- Price: $459,000
- Price sqft: $151
- Waterfront: No
- Year Built: 2005
- Bldg sqft: 3048
- Garage / Parking Spaces: 2
- Days On Market: 2
- Additional Information
- Geolocation: 26.5497 / -81.589
- County: LEE
- City: LEHIGH ACRES
- Zipcode: 33974
- Subdivision: Lehigh Acres
- Provided by: LPT REALTY
- Contact: Jonathan DeBellevue
- 877-366-2213
- DMCA Notice
-
DescriptionInvestment Opportunity in Lehigh Acres Well Maintained Duplex with New Roof, 7.25% Cap Rate, and 5% Cash on Cash Return! Welcome to 779 Bedford Dr, a prime investment property in the thriving community of Lehigh Acres, FL. This charming duplex offers reliable income and impressive returns, making it an excellent opportunity for both investors and owner occupants. Key Features: Brand New Roof (2023): Recently replaced for durability and reduced maintenance costs. Clean 4 Point Inspection: Completed to meet insurance requirements, providing added peace of mind. Strong Financials: Cap Rate: 7.25% Cash on Cash Return: 5% Annual Income: Approximately $43,875 Operating Expenses: $10,074.38 Net Operating Income (NOI): $35,400.63 Rental Upside: Potential to increase rents upon lease renewal, boosting future returns. Well Maintained Systems: HVAC systems, septic system, and wells are all in excellent working condition. Turnkey Appeal: This property is move in ready and highly attractive to tenants, ensuring immediate income potential. Prime Location: Situated in Lehigh Acres, a rapidly growing area with strong tenant demand, this duplex benefits from proximity to schools, local amenities, and major transportation routes. Why Invest? With a 7.25% cap rate and 5% cash on cash return, this property offers solid profitability and long term growth potential. Minimal maintenance concerns and the opportunity for rent adjustments make it a smart addition to any portfolio. Don't miss out on this high performing asset in one of Florida's most dynamic markets. Contact us today to schedule a viewing and explore the benefits of owning 779 Bedford Dr!
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
- Covered Spaces: 0.00
- Exterior Features: Lighting
- Living Area: 2306.00
- Roof: Shingle
- Garage Spaces: 2.00
- Water Source: Well
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Septic Tank
- Utilities: Public
- Home Owners Association Fee: 0.00
- Net Operating Income: 0.00
- Tax Year: 2023
- Country: US
- Interior Features: High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
- Legal Description: LEHIGH ACRES UNIT 6 BLK 15 PB 20 PG 26 LOT 8
- Area Major: 33974 - Lehigh Acres
- Parcel Number: 23-45-27-L1-06015.0080
- Unit Number: 779
- Zoning Code: RM-2
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