777-779 BEDFORD DRIVE, Unit 779

Property feature image
Address: 777 Bedford Dr #779, Lehigh Acres, FL 33974, USA
Created date: January 12, 2025
Date last updated: February 15, 2025

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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $459,000
No. of Units: 2
Year Built: 2005
Lot Size: 2,306.00 Sq ft
Opportunity Zone: No
Price per unit: $229,500
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 777-779 BEDFORD DRIVE, Unit 779, LEHIGH ACRES, FL 33974, USA
Provided by:

Similar Properties in the Area

9410 N 50TH STREET

TAMPA, Florida
Florida & Gulf Coast + 2-4 Units
Units: 4
Price: $699,000

4814 POCAHONTAS LANE

LAKELAND, Florida
Florida & Gulf Coast + 2-4 Units
Units: 2
Price: $365,000

216 Blanchard Street

Breaux Bridge, Louisiana
Florida & Gulf Coast + 2-4 Units
Units: 2
Price: $180,000
popup background image