5518 Billings St Lehigh Acres, FL 33971
Centennial NeighborhoodEstimated payment $2,586/month
Total Views
9,729
6
Beds
6
Baths
3,280
Sq Ft
$131
Price per Sq Ft
Highlights
- No HOA
- Tray Ceiling
- Living Room
- 2 Car Attached Garage
- Walk-In Closet
- Tile Flooring
About This Home
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. No assignable contracts accepted.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,540
Year Built
- Built in 2008
Lot Details
- 6,874 Sq Ft Lot
- South Facing Home
- Property is zoned RM-2
Parking
- 2 Car Attached Garage
Home Design
- Bi-Level Home
- Block Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 3,280 Sq Ft Home
- Tray Ceiling
- Living Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
Outdoor Features
- Private Mailbox
Utilities
- Central Air
- Heating Available
- Well
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 10 / 23
- Assessor Parcel Number 19-44-26-L2-05023.0100
Community Details
Overview
- No Home Owners Association
- Lehigh Acres Subdivision
Amenities
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,347 | $157,114 | -- | -- |
| 2023 | $2,347 | $142,831 | $0 | $0 |
| 2022 | $2,347 | $129,846 | $0 | $0 |
| 2021 | $2,014 | $118,042 | $5,500 | $112,542 |
| 2020 | $1,958 | $110,637 | $4,500 | $106,137 |
| 2019 | $2,005 | $109,818 | $3,300 | $106,518 |
| 2018 | $1,892 | $101,746 | $3,100 | $98,646 |
| 2017 | $1,755 | $90,428 | $2,760 | $87,668 |
| 2016 | $1,700 | $90,419 | $2,760 | $87,659 |
| 2015 | $1,675 | $93,602 | $2,030 | $91,572 |
| 2014 | -- | $73,507 | $1,850 | $71,657 |
| 2013 | -- | $67,404 | $1,800 | $65,604 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2025 01/02/25 | Price Changed | $429,999 | -1.4% | $131 / Sq Ft |
| 11/20/2024 11/20/24 | Price Changed | $435,999 | -0.9% | $133 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $439,999 | -2.2% | $134 / Sq Ft |
| 10/28/2024 10/28/24 | Price Changed | $449,999 | -1.1% | $137 / Sq Ft |
| 10/21/2024 10/21/24 | Price Changed | $454,999 | -1.1% | $139 / Sq Ft |
| 10/10/2024 10/10/24 | Price Changed | $459,999 | +2.2% | $140 / Sq Ft |
| 10/07/2024 10/07/24 | Price Changed | $449,999 | -4.3% | $137 / Sq Ft |
| 09/18/2024 09/18/24 | Price Changed | $469,999 | +14.6% | $143 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $409,999 | -4.7% | $125 / Sq Ft |
| 09/04/2024 09/04/24 | Price Changed | $429,999 | -10.4% | $131 / Sq Ft |
| 09/02/2024 09/02/24 | Price Changed | $479,999 | -9.4% | $146 / Sq Ft |
| 08/30/2024 08/30/24 | Price Changed | $529,999 | +6.0% | $162 / Sq Ft |
| 08/26/2024 08/26/24 | Price Changed | $499,999 | -9.1% | $152 / Sq Ft |
| 08/20/2024 08/20/24 | For Sale | $549,999 | -8.3% | $168 / Sq Ft |
| 08/20/2024 08/20/24 | Off Market | $599,999 | -- | -- |
| 08/12/2024 08/12/24 | Price Changed | $599,999 | 0.0% | $183 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $599,999 | -14.3% | $183 / Sq Ft |
| 08/12/2024 08/12/24 | Off Market | $699,999 | -- | -- |
| 08/07/2024 08/07/24 | For Sale | $699,999 | -- | $213 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $40,000 | Attorney | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $27,500 | Performance Title Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $39,000 | 5 Star Title Group Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $208,000 | Construction |
Source: Public Records
Similar Homes in the area
Source: Stellar MLS
MLS Number: T3546876
APN: 19-44-26-L2-05023.0100
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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