Hard to find turnkey duplex investment opportunity in the heart of Lehigh Acres. This well-constructed property boasts two separate 3 bed, 2.5 bath, with 1,640 sqft each, offering ample space for multiple tenants. Currently occupied by a mix of month-to-month and one-year lease tenants. Live in one & rent the other, or continue to rent both for excellent chance to increase your cash flow. Nestled in the vibrant neighborhood of Centennial Park, the property enjoys proximity to desirable amenities. Lehigh Senior High School is just a short distance away, perfect for families with teenagers. Nature enthusiasts will appreciate the nearby Buckingham Community Park, providing a serene escape for outdoor recreation. The quality of construction ensures long-term value and minimal maintenance concerns. With its strategic location and robust rental income potential, this multi-family home is an ideal addition to any real estate portfolio. Don’t miss the opportunity to enhance your investment strategy with this promising property in a growing community. Investor notes: Potential yearly gross rents for combined units: $52,800+. Roof 16 years old. No HOA/CDD. CC credits and buy down rate options available. Feel free to soft pitch offers to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL COOPERATION WITH ALL AGENTS IF THIS IS “NOT ON MY MLS.” Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Property Details
Price:
$699,999
MLS #:
T3546876
Status:
Active
Beds:
6
Baths:
5
Address:
5518 BILLINGS STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LEHIGH ACRES
City:
LEHIGH ACRES
Listed Date:
Aug 7, 2024
State:
FL
Finished Sq Ft:
3,280
ZIP:
33971
Lot Size:
6,874 sqft / 0.16 acres (approx)
Year Built:
2008
Schools
Interior
Appliances
Electric Water Heater
Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Electric
Laundry Features
Common Area
Exterior
Construction Materials
Stucco
Exterior Features
Private Mailbox
Roof
Shingle
Financial
Tax Year
2023
Taxes
$2,540
Map
Community
- Address5518 BILLINGS STREET LEHIGH ACRES FL
- CityLEHIGH ACRES
- CountyLee
- Zip Code33971
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Courtesy of RICHARD PETERS REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
5518 BILLINGS STREET
LEHIGH ACRES, FL
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