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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!
| DAYS ON MARKET | 1 | LAST UPDATED | 1/11/2025 |
|---|---|---|---|
| TRACT | LEHIGH ACRES | YEAR BUILT | 2005 |
| COMMUNITY | 33974 - Lehigh Acres | GARAGE SPACES | 2.0 |
| COUNTY | Lee | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33974 - Lehigh Acres |
| CONSTRUCTION | Stucco |
| EXTERIOR | Lighting |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | High Ceilings, Open Floorplan |
| LOT | 0.29 acre(s) |
| PARKING | Attached |
| SEWER | Septic Tank |
| SUBDIVISION | LEHIGH ACRES |
| TAXES | 4443.48 |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jonathan DeBellevue, LPT REALTY, 877-366-2213
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/12/25 12:00 AM PST.
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