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Charles Rutenberg Realty
779 Bedford Drive, Lehigh Acres, FL 33974
- $369,000
- 6
- BD
- 4
- BA
- 2,306
- SqFt
- List Price
- $369,000
- Status
- Active
- Days on Market
- 0
- MLS#
- TB8566374
- Property Style
- Duplex
- Year Built
- 2005
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,306
- Lot Size
- 12,502
- Acres
- 0.29
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Lehigh Acres
- MLS Area Major
- Lehigh Acres
Property Description
INVESTOR SPECIAL | HIGH-YIELD DUPLEX WITH IMMEDIATE CASH FLOW Property Address: 777–779 Bedford Drive Positioned 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 Highlights Immediate 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 Growth High-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 Privacy Showing 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.
Additional Information
- Taxes
- $5012
- Annual Gross Income
- 48000
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RM-2
- Interior Layout
- High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat
- Interior Features
- High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat
- Floor
- Tile
- Appliances
- Electric Water Heater, Freezer, Range, Refrigerator
- Utilities
- Electricity Connected, Private
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Concrete, Stucco
- Exterior Features
- Lighting
- Roof
- Shingle
- Foundation
- Slab, Stem Wall
- Pool
- No Pool
- Garage Carport
- 2 Car Garage
- Garage Spaces
- 2
- Flood Zone Code
- X
- Parcel ID
- 23-45-27-L1-06015.0080
- Legal Description
- LEHIGH ACRES UNIT 6 BLK 15 PB 20 PG 26 LOT 8
Listing courtesy of LPT REALTY, LLC. 877-366-2213
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