Florida
Lehigh Acres
777-779 Bedford DR 779

$439,000

777-779 Bedford DR 779, Lehigh Acres, FL 33974

6 beds |
4 baths |
2,306 sqft

Duplex
Built in 2005
0.29acre lot
—— car garage
$190/sqft
Listed 9 months ago

Property Description

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. 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!

Listing Status:: Active
Date Added:: September 13, 2024 at 05:00AM
Listing Office:: LPT Realty,LLC : 877-366-2213
Listing Agent:: Jonathan DeBellevue : 813-550-5613
MLS ID:: 224075406

Flooring: Tile
A/C: Central AirElectric
Heating: CentralElectric

This listing courtesy of Jonathan DeBellevue, LPT Realty,LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Mirror Lakes Elementary School

525 Charwood Ave S, Lehigh Acres, FL, 33974

Grades KG-5

2.12 miles away

Lemuel Teal Middle School

, Lehigh Acres, FL, 33974

Grades 6-8

3.97 miles away

East Lee County High School

715 Thomas Sherwin Ave S, Lehigh Acres, FL, 33974

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.