777-779 Bedford DR # 779, LEHIGH ACRES, FL$439,000
Main Property Image
Cheryl O'ConnellCheryl O'Connell Profile Photo
Phone: (239) 261-2244
Cell: (603) 508-0829
cooconnell@comcast.net
Jonathan DeBellevue LogoListing Provided By:
Jonathan DeBellevue of LPT Realty,LLC
MLS #:
224075406
SQ Feet:
0
Bed(s):
6
Half Bath(s):
0
Three Quarter Bath(s):
0
Garage:
0
Style:
Town House
Status:
Active
Year:
2005
Story(s):
Acreage:
0.29
Community:
LEHIGH ACRES
Golf Course:
No
Property View:
No
>
Water Front:
Yes
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. Min...
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