Investment Opportunity in Lehigh Acres: Well-Maintained Duplex with Impressive Returns
If you're looking for a prime investment opportunity in the thriving community of Lehigh Acres, FL, look no further than 777-779 Bedford Dr #779. Listed at an attractive price of $459,000, this duplex offers a unique blend of reliable income and impressive returns, making it an excellent choice for both seasoned investors and owner-occupants.
**LOWEST PRICE ON MARKET DUPLEX IN LEHIGH! HUGE BRRR POTENTIAL!**
**Key Features:**
One of the standout features of this property is its brand-new roof, installed in 2023. This not only enhances the durability of the property but also significantly reduces future maintenance costs. Additionally, a clean 4-point inspection has been completed to meet insurance requirements, providing added peace of mind for potential buyers.
Financially, this duplex is a strong performer. With a cap rate of 7.25% and a cash-on-cash return of 5%, it promises solid profitability. The annual income generated by this property is approximately $43,875, with operating expenses totaling $10,074.38. This results in a net operating income (NOI) of $35,400.63.
There is also significant rental upside potential with the possibility to increase rents upon lease renewal, which could further boost future returns. The HVAC systems, septic system, and wells are all in excellent working condition, ensuring minimal maintenance concerns.
**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. This makes it highly attractive to tenants and ensures immediate income potential.
**Why Invest?**
With its impressive financial metrics and minimal maintenance concerns, 779 Bedford Dr offers solid profitability and long-term growth potential. The opportunity for rent adjustments adds to its appeal as a smart addition to any investment 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!
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