Price Reduced 32.86%
Price History
$699,999
8/7/2024
$599,999
8/12/2024
$549,999
8/20/2024
$499,999
8/26/2024
$529,999
8/30/2024
$479,999
9/2/2024
$429,999
9/4/2024
$409,999
9/16/2024
$469,999
9/18/2024
5518 Billings STREET, Lehigh Acres, FL, 33971
6 rooms
6 beds
4 Full / 2 Half baths
2008
3,280 sqft
Highest & Best offer by 9/23! 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 offers to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL COOPERATION WITH ALL AGENTS 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.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Common Area
Subdivision:
LEHIGH ACRES
Garage:
2-car
Heating:
Electric
Cooling:
Central Air
Acreage:
0.16
Est. Taxes:
$2,540
Construction
Stucco
Utilities
Public
Days on Market:
42
Appliances:
Electric Water Heater
Min Lease Term:
1 Month
MLS #:
T3546876
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of RICHARD PETERS REALTY LLC Phone: 352-448-9712