5518 BILLINGS ST Active Save Request In-Person Tour Request Virtual Tour
Lehigh Acres,FL 33971
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,280 sqft
Price per Sqft $132
Subdivision Lehigh Acres
MLS Listing ID T3546876
Bedrooms 6
Full Baths 4
Half Baths 2
Year Built 2008
Annual Tax Amount $2,540
Lot Size 6,969 Sqft
Property Description
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 purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I?m happy to help. 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.
Location
State FL
County Lee
Community Lehigh Acres
Zoning RM-2
Interior
Heating Electric
Cooling Central Air
Flooring Carpet,Tile
Laundry Common Area
Exterior
Exterior Feature Private Mailbox
Garage Spaces 2.0
Utilities Available Public
Waterfront false
Roof Type Shingle
Building
Foundation Block
Sewer Septic Tank
Water Well
Structure Type Stucco
New Construction false
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None