LEHIGH ACRES, FL 33971 5518 BILLINGS STREET
$429,999



2 more



Presented By: RICHARD PETERS REALTY LLC with 352-448-9712. -
Home Details
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.
Presented By: RICHARD PETERS REALTY LLC with 352-448-9712. -
Interior Features for 5518 BILLINGS STREET
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths2
Total Baths6
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringcarpet, tile
Heating Y/NYes
Interior Amenitiesother, tray ceiling(s), walk-in closet(s)
Laundry Featurescommon area
General for 5518 BILLINGS STREET
Additional Parcels Y/NNo
Applianceselectric water heater
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Citylehigh acres
Construction Materialsstucco
Coolingcentral air
Countylee
Directionstake i-75 s towards exit 138 for fl-82 toward fort myers/immokalee/martin luther king blvd. use the left 2 lanes to turn left onto fl-82 e. drive 1.9 miles & use the left 2 lanes to turn left onto bu
Facing Directionsouth
Flood Zone Codex
Flood Zone Code XY
Full Baths4
Garage Spaces2
Garage Y/NYes
HOANo
Heatingelectric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlehigh acres unit 5 blk 23 pb 26 pg 26 e 1/2 of lot 10
Levelstwo
Listing Termscash, conventional, fha, va loan
Living Area Unitssquare feet
Lot Size Square Feet6874
Lot Size Unitssquare feet
MLS Area33971 - lehigh acres
Minimum Lease1 month
ModificationTimestamp2025-04-18t14:46:00.040z
New ConstructionNo
Occupancy Typetenant
Ownershipfee simple
Property Subtypesingle family residence
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Namelehigh acres
Tax Annual Amount2540
Tax Lot10
Tax Year2023
Total Rooms6
Utilitiespublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built2008
Zoningrm-2
Exterior for 5518 BILLINGS STREET
Building Area Total4528
Covered Spaces2
Exterior Amenitiesprivate mailbox
Foundation Detailsblock
Lot Size Acres0.16
Lot Size Area6874
Private PoolNo
Road Surface Typeasphalt
Water Sourcewell
Additional Details
Price History

Shaneka Fennell
Realtor®