5518 BILLINGS ST, Lehigh Acres, FL 33971 - COMANDIS Residential

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 $137

Subdivision Lehigh Acres

MLS Listing ID T3546876

Bedrooms 6

Full Baths 4

Half Baths 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 2008

Annual Tax Amount $2,540

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Highest & best by 11/11! 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

Interior Features Other,Tray Ceiling(s),Walk-In Closet(s)

Heating Electric

Cooling Central Air

Flooring Carpet,Tile

Fireplace false

Appliance Electric Water Heater

Laundry Common Area

Exterior

Exterior Feature Private Mailbox

Garage Spaces 2.0

Utilities Available Public

Waterfront false

Roof Type Shingle

Attached Garage true

Garage true

Private Pool No

Building

Entry Level Two

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Septic Tank

Water Well

Structure Type Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None