$369,000

779 Bedford Drive Lehigh Acres, FL 33974 • Multi Unit - Multiple • Active

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Description

INVESTOR SPECIAL | HIGH-YIELD DUPLEX WITH IMMEDIATE CASH FLOWProperty Address: 777-779 Bedford DrivePositioned in a high-demand rental corridor, this fully occupied duplex presents an outstanding turnkey opportunity offering immediate, reliable cash flow and substantial value-add potential.Investment & Income HighlightsImmediate Cash Flow: Fully leased to reliable tenants generating $2,975/month in current gross income ($1,475 & $1,500/side). Leases run through 02/27/2027 and 03/31/2027, guaranteeing immediate income with zero initial vacancy loss, and ability to turnover for upside within 6 months of purchase.Significant Upside (Pro Forma): With minor cosmetic updates (paint and light cosmetic enhancements), market rents support $1,900-$2,000 per side, bringing total potential gross income to $3,800-$4,000/month.Strong Net Cash Flow Potential: Projected $1,400-$1,600/month in net cash flow at market rents, and updated carrying cost.Low CapEx Risk: Major capital improvements are already complete. The roof was replaced within the last 5 years, and all major mechanical systems are in good working condition-minimizing deferred maintenance and protecting your bottom line.Tenant-Magnet Layout: Each unit features a highly functional 3-bedroom, 2-bathroom floor plan with an attached 1-car garage. This layout commands premium rent, attracts long-term tenants, and minimizes turnover.Location & Submarket GrowthHigh-Demand Corridor: Strategically located near primary commuter routes, major regional employment hubs, retail centers, and dining options.Low Vacancy Submarket: Situated in a high-demand rental pocket characterized by low vacancy rates and steady annual rent growth, positioning the asset for long-term equity appreciation.Showing & Tenant PrivacyShowing Requirements: Showings are strictly accommodated with proof of funds/pre-approval and advanced notice, preferably during the inspection period following an accepted offer.Tenant Privacy: Please respect tenant privacy. Under no circumstances should prospective buyers approach or disturb tenants without explicit approval from the listing agent.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.29 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,012
Year Built: 2005

General Information

Bedrooms: 6
Sqft: 2,306
County: Lee
Subdivision: LEHIGH ACRES
Listed By:
Jonathan DeBellevue LPT REALTY, LLC 877-366-2213

Amenities

High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Lighting

Property Features

Annual Net Income: 19000.00
Appliances: Electric Water Heater, Freezer, Range, Refrigerator
Directions: From Jaguar BlvdHead toward Goodrich Ave S0.7 miTurn left onto Bedford DrDestination will be on the right
Exterior: Block, Concrete, Stucco
Flood Zone Code: X
Flooring: Tile
Foundation: Slab, Stem Wall
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.29
Ownership: Fee Simple
Patio/Porch: Patio, Rear Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: No Lockbox, Text List Agent
Special Sale Provisions: None
Utilities: Electricity Connected, Private
Water: Well
Water Access Y/N: No
Zoning: RM-2
$369,000
6beds
2,306sqft
2cars
New to the Market Active
BEDS6 BATHS SQUARE FEET2,306 MLS#TB8566374
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLEHIGH ACRES

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779 Bedford Drive, Lehigh Acres, FL 33974.

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Estimated Payment

$ 1,769.87 per month $1,244.58 Principal & Interest $417.67 Property Tax $107.63 Homeowner's Insurance

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