$459,999 for Sale
5518 billings street , lehigh acres, FL 33971
Beds 6 | Baths 6 | 3,280 Sqft | 0.16 Acres |
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Property Description
Highest & best offer by 10/21! 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 purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. 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.
General Information
Sale Price: $459,999
Price/SqFt: $140
Status: Active
MLS#: T3546876
City: lehigh acres
Post Office: lehigh acres
County: Lee
Subdivision: lehigh acres
Acres: 0.16
Bedrooms:6
Bathrooms:6 (4 full, 2 half)
House Size: 3,280 sq.ft.
Acreage: 0.16 est.
Year Built: 2008
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Stucco
Exterior Misc: Private Mailbox
Basement: No
Foundation : Block
Appliances: Electric Water Heater
Cooling: Central Air
Heating: Electric
Waste: Septic Tank
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $2,540
Legal Description: LEHIGH ACRES UNIT 5 BLK 23 PB 26 PG 26 E 1/2 OF LOT 10
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: KEVIOUS DOUGLAS of RICHARD PETERS REALTY LLC, Phone: 352-448-9712