5518 BILLINGS STREET

Lehigh Acres, FL 33971
$435,999
4528 sqft | 6 beds | 5 baths | 0.16 acres | #T3546876

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.
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  • Interior Details
    • Interior Features
      • Interior:Other, Tray Ceiling(s), Walk-In Closet(s)
    • Beds & Baths
      • Bedrooms:6
      • Bathrooms:5
      • Full Baths:4
      • Half Baths:2
  • Property Details
    • Property
      • Exterior materials:Private Mailbox
    • Measurements
      • Acres:0.16
      • Square Feet:4528
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2008
    • Material information
      • Foundation:Block
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Tank
      • Utility source:Well
      • Utility features:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:LEHIGH ACRES
    • Location
      • County:Lee
  • Financial Details
    • Pricing Details
      • Original List Price:$699, 999
      • Days on Market (Cumulative):105
      • Taxes annual:$2, 540
  • Other
    • Source
      • MLS #:T3546876

Location

Patricio R. MosqueraReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

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.

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