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!