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4893/4895 29th Street Sw

Lehigh Acres, FL

Listing Details

  • $382,500
  • MLS# C7526743
  • Type Multi Unit - Multiple
  • Status Pending
  • 6
    Bedrooms
  • 2,330
    Square Feet
  • 0.280 acres
    Lot Size
  • 2005
    Year Built

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... Read more 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 youre 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.

Key Features

  • Private Entrance
  • Rain Gutters
  • Ceiling Fans(s)
View All Features
4893/4895 29th Street Sw
Lehigh Acres, FL 33973
Subdivision
LEHIGH ESTATES
County
Lee
Schools
Lehigh Acres High School
Lehigh Acres Middle School
Gateway Elementary

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Annual Net Income: 30230.00
  • Cooling: Central Air
  • Days on Site: 26
  • Directions: Starting on US-75, take exit 138 onto FL-82 E. Turn left onto Ray Ave S and then another left onto 29th St SW. The duplex will be on the left.
  • Exterior: Block, Stucco
  • Exterior Features: Private Entrance, Rain Gutters
  • Flood Zone Code: X
  • Foundation: Slab
  • Garage: 2 car attached
  • Heating: Central, Electric
  • Home Warranty Y/N: No
  • Interior Features: Ceiling Fans(s)
  • Lot Dimensions: 0.28
  • Lot Size: 0.28 Acres
  • Other Equipment: Private Entrance
  • Ownership: Fee Simple
  • Parking: Driveway, Off Street
  • Parking Notes: Driveway, Off Street
  • Patio/Porch: Patio
  • Pool: Lap
  • Property Attached Y/N: No
  • Property Sub-Type: Duplex
  • Roof Type: Shingle
  • Sewer: Septic Tank
  • Showing Instructions: 24 Hour Notice, Appointment Only, Combination Lock Box, Do Not Contact Tenants, Lock Box Coded, Other, See Remarks, ShowingTime
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $4,308
  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 2005
  • Zoning: RM-2