6 Beds
4 Baths
2,306 SqFt
6 Beds
4 Baths
2,306 SqFt
Key Details
Property Type Multi-Family, Duplex
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,306 sqft
Price per Sqft $160
Subdivision Lehigh Acres
MLS Listing ID TB8566374
Bedrooms 6
Construction Status Completed
HOA Y/N No
Year Built 2005
Annual Tax Amount $5,012
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Positioned in a high-demand rental corridor, 777-779 Bedford Drive presents strong investment offering built-in equity potential and strong, reliable cash flow from day one.
Investment & Income Highlights:
Immediate Cash Flow: Fully occupied with established tenants generating ~$3,800–$3,900/month in total gross income ($1,900–$1,950 per side), delivering instant cap rate efficiency without initial vacancy loss.
Low CapEx Risk: Capital improvements are largely behind you—the roof was replaced within the last 5 years, and all major systems are reported in good working condition, minimizing deferred maintenance costs.
Tenant-Magnet Design: Each side features a highly desirable 3-bedroom, 2-bathroom layout complete with an attached 1-car garage—a configuration that commands premium rent, attracts long-term occupants, and reduces turnover.
Location & Area Value:
Convenient Access: Conveniently situated near major commuter routes, local employment hubs, shopping centers, and dining, making it ideal for tenants seeking an effortless daily commute.
Strong Rental Demand: Nestled in a submarket with low vacancy rates and steady rental growth, ensuring ongoing demand and appreciation potential over the holding period.
Showings accommodated with pre-approval and advance notice, preferably during the inspection period upon offer submission.
Please respect tenant privacy—do not approach or disturb tenants without explicit approval from the listing agent.
Location
State FL
County Lee
Community Lehigh Acres
Area 33974 - Lehigh Acres
Zoning RM-2
Interior
Interior Features High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Heating Central
Cooling Central Air
Flooring Tile
Fireplace false
Appliance Electric Water Heater, Freezer, Range, Refrigerator
Laundry In Garage
Exterior
Exterior Feature Lighting
Garage Spaces 2.0
Utilities Available Electricity Connected, Private
View Y/N No
Water Access No
Roof Type Shingle
Porch Patio, Rear Porch
Attached Garage true
Garage true
Private Pool No
Building
Entry Level One
Foundation Slab, Stem Wall
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Level or Stories One
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Completed
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
Nearby Locations