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777-779 Bedford DRIVE, #779, Lehigh Acres, FL, 33974 | $474,900
NEW ROOF REPLACED 2023!
Charming Duplex with Prime Investment Potential in Lehigh Acres
Welcome to 779 Bedford Dr, a fantastic opportunity for investors or owner-occupants in the thriving community of Lehigh Acres, FL. This well-maintained duplex offers an impressive total annual operating income of $43, 875 with a net operating income of $33, 800. 63, showcasing its strong revenue potential. The property is strategically positioned to benefit from the potential for rental increases upon lease renewal, maximizing future returns.
Property Highlights:
Recent Upgrades: Enjoy peace of mind with a brand-new roof, ensuring durability and longevity. A clean 4-point inspection has recently been performed, meeting insurance requirements and adding further value.
Strong Income Potential: With a total annual income of $43, 875. 00 and annual operating expense of $10, 074. 38, this duplex offers a solid income stream and the opportunity for increased profitability with room for rent adjustments. Great ROI / Cash on Cash Returns!
Well-Maintained: This duplex has been meticulously cared for, making it a desirable and attractive option for tenants.
Prime Location: Situated in the rapidly growing Lehigh Acres area, this property is well-positioned to attract quality tenants and benefit from the area's upward trajectory.
This duplex is a promising investment with excellent income potential and minimal immediate maintenance concerns. Whether you're looking to expand your portfolio or find a stable income-producing property, 779 Bedford Dr is an opportunity not to be missed. Contact today to schedule a viewing and explore the benefits of owning this outstanding property.
Features
- Units: 2
- Laundry: In Garage
- Year Built: 2005
- Garage: 2-car Driveway
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,306
- Acreage: 0.29
- Est. Taxes: $4,443
- MLS#: T3553143
- Days on Market: 60 days
- Website: https://www.raveis.com
/prop/T3553143/777779bedforddrive_lehighacres_fl?source=qrflyer
Listing courtesy of LPT Realty Phone: 877-366-2213
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
777-779 Bedford DRIVE, #779, Lehigh Acres, FL, 33974
$474,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $379,920 | $379,920 | $379,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $370 | $370 | $370 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,592 | $2,525 | $3,204 |
| Total Monthly Payment | $3,037 | $2,970 | $3,649 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388