5518 BILLINGS STREET
Lehigh Acres, FL 33971
4528 sqft | 6 beds | 5 baths | 0.16 acres | #T3546876
Description
Highest & best offer by 11/01! 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.
Interior Details
- InteriorOther, Tray Ceiling(s), Walk-In Closet(s)
Beds & Baths
- Bedrooms6
- Bathrooms5
- Full Baths4
- Half Baths2
Property Details
- Exterior MaterialsPrivate Mailbox
Measurements
- Acres0.16
- Square Feet4528
Parking
- Parking Spaces2
Construction Details
- Property TypePurchase
Condition
- Year Built2008
Material information
- FoundationBlock
Utilities / Energy Details
- Sewer InformationSeptic Tank
- Utility FeaturesPublic
- Utility SourceWell
Community and Neighborhood Details
- SubdivisionLEHIGH ACRES
Location
- CountyLee
Financial Details
- Original List Price$699,999
- Taxes Annual$2,540
- Days on Market (Cumulative)76
Other
- MLS #T3546876
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Sunshine Group International
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: KEVIOUS DOUGLAS (#MFR261597622)
Listing Office: RICHARD PETERS REALTY LLC (#MFR261597099)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.