Photo 1 of 17
$439,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
6 |
4.00 |
0 |
$4,443.48 |
2005 |
On the market:
364 days
|
View full details, 15 photos, school info, and price history
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 $48,000
Approx Net Operating Income (NOI): $38,400.63
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!
Listing courtesy of Jonathan DeBellevue, LPT Realty,LLC