5518 Billings Street
$439,999
6
4
2
3,280
3,280
$134
Description
Highest & best by 11/11! 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...Highest & best by 11/11! 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 purchase agreements to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. 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.
- Listed by KEVIOUS DOUGLAS • RICHARD PETERS REALTY LLC
Property Details for 5518 Billings Street
Subdivision Name
LEHIGH ACRES
Township44
Garage Spaces2
WaterfrontNo
LISTING UPDATED: 11/07/2024 12:07 PM
Property Details for 5518 Billings Street
Status | Active |
---|---|
MLS # | T3546876 |
Days on Market | 103 |
Taxes | $2,540 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 2008 |
Lot Size | 0.16 AC / 6,874 SF |
County | Lee County |
Building Information for 5518 Billings Street
Stories-Year Built2008Building Size-Lot Size0.16 AC / 6,874 SF
Property Information for 5518 Billings Street
Property History for 5518 Billings Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5518 Billings Street
Taxable ValueLand$10,559Additions$160,443Total$171,002
Tax Record2023$2,540 ($212 / month)
Home Facts
Total Finished SqFt898 SqFtAbove Grade Finished SqFt898 SqFtStories2Lot Size6,874 SqFtStyleDuplexYear Built2008ZoningRM-2CountyLEEAPN19-44-26-L2-05023.0100
Schools near 5518 Billings Street
This home is within Lee.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Harns Marsh Elementary School PublicPK to 5 | ||
Sunshine Elementary School PublicPK to 5 | ||
Manatee Elementary School PublicPK to 5 | ||
Tortuga Preserve Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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