4893/4895 29th Street Sw, Lehigh Acres, FL 33973
- $382,500
- 6
- BD
- 4
- BA
- 2,330
- SqFt
- List Price
- $382,500
- Status
- PENDING
- MLS#
- C7526743
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,330
- Subdivision
- Lehigh Estates
Property Description
Under contract-accepting backup offers. Excellent investment opportunity in the rapidly growing Lehigh Acres market! This well-maintained duplex offers two spacious 3-bedroom, 2-bathroom units, each with a 1-car garage and private entrance, making it highly desirable for long-term tenants. Built in 2005 with solid block construction and located in Flood Zone X with no flood insurance required, this property checks all the boxes for investors seeking stable cash flow and low maintenance ownership. Each side features over 1,100 square feet of living space with open floorplans, tile flooring in main living areas, central water, septic, and separately functional layouts ideal for maximizing rental appeal. One lease is currently below market at $1,495/month and expires June 30, presenting immediate upside potential for increased income. Estimated market rents support strong future returns and improved cap rate potential. Situated on an oversized corner lot with ample parking and easy access to SR-82, Fort Myers, shopping, dining, and employment corridors, this duplex is positioned in an area experiencing continued residential growth and rental demand. Whether you're expanding your portfolio, house hacking, or seeking a solid income-producing asset, this property offers excellent long-term investment potential with room for rental growth.
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Additional Information
- Year Built
- 2005
- Construction
- Block, Stucco
- Living Area
- 2,330
- Acres
- 0.28
- Interior Features
- Ceiling Fans(s)
- Cooling
- Central Air
- Heating
- Central, Electric
- Parking
- Driveway, Off Street
- Garage Spaces
- 2
- Garage Description
- 2 Car Garage
- Exterior Features
- Private Entrance, Rain Gutters
- Sewer
- Septic Tank
- Pool Description
- Lap
Listing courtesy of COLDWELL BANKER SUNSTAR REALTY.
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