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777-779 BEDFORD DRIVE 779, LEHIGH ACRES, FL 33974
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$459,000
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Home Details for 777-779 BEDFORD DRIVE 779
Price
$459,000
Type
Multi Family
Year Build
2005
Sq. Ft.
2306
Lot Size
0.29
County
Lee
Garage
2
Tax
$4,443.48
MLS®️ Listing#
TB8337818
On exitrealty.com
24 days
Property Description
LOWEST PRICE ON MARKET DUPLEX IN LEHIGH! HUGE BRRR POTENTIAL!
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 $43,875
Operating Expenses: $10,074.38
Net Operating Income (NOI): $35,400.63
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. Minimal maintenance concerns and the opportunity for rent adjustments make it a smart addition to any portfolio.
Don't miss out on this high-performing asset in one of Florida's most dynamic markets. Contact us today to schedule a viewing and explore the benefits of owning 779 Bedford Dr!
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- Water Features
- Private
- Well
- House Interior
- High Ceilings
- Open Floorplan
- Cooling Information
- Central Air
- Heating Information
- Central
- Parking
- Attached
Listing courtesy: LPT REALTY, LLC - 877-366-2213
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-02-02 12:30:47
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