5518 BILLINGS ST, LEHIGH ACRES, FL, 33971
$429,999
Residential
Bedrooms
6
Bathrooms
6
Living Area
3,280 Sqft
Lot Size
6,874 Sqft
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. No assignable contracts accepted.
Property Details
Property Features Property Features
MLS ID: MFRT3546876 Year Built: 2008
Appliances: Electric Water Heater Construction Materials: Stucco
Cooling: Central Air Country: US
County Or Parish: Lee Direction Faces: South
Exterior Features: Private Mailbox Flooring: Carpet, Tile
Foundation Details: Block Heating: Electric
Laundry Features: Common Area Levels: Two
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, VA Loan
Occupant Type: Tenant Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt
Roof: Shingle Sewer: Septic Tank
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public Water Source: Well
Rooms Rooms
Primary Bedroom: Living Room:
Kitchen: Primary Bedroom:
Living Room: Kitchen:
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