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5518 BILLINGS STREET

House For Sale
$469,999

BTC: 7.40324839

ETH: 193.63595539

-$230K (2024/09/18)
42 days
6 bds
4 ba
3,280 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Highest & Best offer by 9/23! 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 offers to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL COOPERATION WITH ALL AGENTS 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

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
2008
Lot:
0.16 Acres
Heating:
Electric
Price/sqft:
$143
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    Other interior features

    • Other

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Bathrooms: 2

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: Private Mailbox

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 194426L205023.0100

    • Zoning: RM-2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $2,540

  • Source details

    • MLS ID: T3546876

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Block

    • Laundry Features: Common Area

    • Direction Faces: South

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3280

    • Water Source: Well

    • Subdivision Name: LEHIGH ACRES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RICHARD PETERS REALTY LLC