Investment Opportunity - Ideal Duplex for House Hacking or BRRR Strategy! 777-779 Bedford Dr, Lehigh Acres, FL 33974 Unlock dual-income potential with this spacious and versatile duplex, perfectly suited for investors and owner-occupants alike. Whether you're planning to live in one unit and rent the other, or apply a BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy, this property is a smart addition to any real estate portfolio. Each side of this 3 bed / 2 bath unit features a functional, open layout filled with natural light, high ceilings, and well-maintained finishesready for tenants or immediate move-in. Property Highlights: 6 Bedrooms / 4 Bathrooms total (3/2 per unit) 2,306 sq ft of total living space Built in 2005 on a 0.29-acre lot Brand-new roof (2023) Clean 4-point inspection completed Attached 2-car garage Modern interiors with kitchen/family room combo and vaulted ceilings Well-maintained systems including HVAC, septic, and well Located in a quiet, residential neighborhood with strong rental demand Financials & Investment Potential: Cap Rate: 7.25% Cash-on-Cash Return: 5% Annual Gross Income: ~$43,875 Operating Expenses: ~$10,074 Net Operating Income (NOI): ~$35,400 Room for Rent Increases as leases renew Location Perks: Minutes from shopping, dining, and schools Easy access to SR-82 and major commuter routes Rapidly growing Lehigh Acres market with strong appreciation potential Bonus: May qualify for down payment assistance through participating lendersideal for first-time homebuyers or house hackers! Whether you're aiming to build equity while reducing your housing cost, or seeking strong, passive rental income with upside potential, 777-779 Bedford Drive checks all the boxes. Don't miss this chance to own a solid income-producing asset in a thriving Florida market. Schedule your private showing today!
MLS # | 224075406 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 2005 |
Days On Site | 282 |
Listing Provided By | LPT Realty,LLC | Jonathan DeBellevue |
Bed(s) | 6 |
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Bath(s) | 4 Total |
Units | 2 |
Zoning | RM-2 |
Acreage | 0.29 |
Water Front | Yes |
Cooling Yes / No | Yes |
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Cooling | Central Electric |
Heating Yes / No | Yes |
Heating | Central Electric |
Roof | Shingle |
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Construction Materials | Concrete Block, Stucco |
Foundation Details | Concrete Block |
Lot Features | Regular |
Garage Yes / No | No |
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Attached Garage Yes / No | No |
Property | 4443 |
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State | FL |
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County | Lee |
City | LEHIGH ACRES |
Zip Code | 33974 |
Area | LEHIGH ACRES |
Community Name | LEHIGH ACRES |
Listing VS Median (in LEHIGH ACRES) | |
Price: $449,900 low | high Med: $330,450 On site: 282 low | high Med: 160.000000 |