2429/2431 Joe Ave S, Lehigh Acres, FL 33973

Please do not disturb tenants. This late model duplex (built in 2006) has 3 bedrooms and 2 baths on each side. No maintenance has been deferred. It has brand new ACs (still under warranty- 1 year parts, 10 year labor), a brand new dishwasher, practically brand new refrigerators and stoves, and a brand new septic pump. The layout of this property is significantly larger than average at 2,392 square feet with unusually large lanais which allows it to bring in $850.00 per side for a gross of $1700.00 per month. This puts the cap rate at 11.2%. The location is within very close proximity to both Fort Myers and the center of Lehigh which makes finding tenants easy.