777-779 BEDFORD DR #779 new Save Request In-Person Tour Request Virtual Tour
Lehigh Acres,FL 33974
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,306 sqft
Price per Sqft $199
Subdivision Lehigh Acres
MLS Listing ID TB8337818
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
Investment 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!
Location
State FL
County Lee
Community Lehigh Acres
Zoning RM-2
Interior
Interior Features High Ceilings,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor
Heating Central
Cooling Central Air
Fireplace false
Laundry In Garage
Exterior
Exterior Feature Lighting
Garage Spaces 2.0
Utilities Available Public
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 Septic Tank
Water Well
Structure Type Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Special Listing Condition None