#225005087, Osman Shaw, Listing Office: Sellstate 5 Star Realty
$5,106
closing credit¹
5518 Billings St Lehigh Acres, FL 33971
Property details
About 5518 Billings St
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.
Highlights
Virtual tour
Summary
- MLS Number: T3546876
- MLS Name: MFRMLS
- Office Name: RICHARD PETERS REALTY LLC
- Listing Agent: KEVIOUS DOUGLAS
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Last updated on: 2/2/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$429,999
5518 Billings St
$5,106
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 12, 2010 | Home Sold | $40,000 |
Apr 02, 2007 | Home Sold | $27,500 |
Dec 27, 2006 | Home Sold | $39,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $171,002 | $2,539 |
2022 | $161,221 | $1,553 |
2021 | $118,042 | $2,346 |
2020 | $110,637 | $2,013 |
2019 | $106,811 | $2,005 |
2018 | $97,101 | $1,892 |
2017 | $90,428 | $1,755 |
History based on county public records data.
Nearby schools
4
Tortuga Preserve Elementary School
Public District KG-5
1.7 mi
•1711 Gunnery Rd N
4
Harns Marsh Elementary School
Public District KG-5
3.2 mi
•1800 Unice Ave N
4
Sunshine Elementary School
Public District KG-5
3.6 mi
•601 Sara Ave N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,574. Typical income of Lehigh Acres, FL residents is between $35k-100k annually. Most families are married, with kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 5518 Billings St
This home is located at 5518 Billings St in Lehigh Acres, FL and zip code 33971 in the Centennial neighborhood. This 3,280 square foot home, which was built in 2008, sits on a 0.16 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 7, 2024 and is currently priced at $429,999.
Lehigh Acres, FL housing market in January 2025 saw over 26 listings sold above listed price, more than 73 sold at listed price and over 155 sold below. The inventory of homes for sale in Lehigh Acres, FL between December and January 2025 increased by 20%. The median list price of listings available in January 2025 was $365,004, while the average time on the real estate market was 74 days.