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1540/1542 E 12th St. Lehigh Acres FL 33972
1540/1542 E 12th St. Lehigh Acres FL 33972
FOR SALE $199,990  
1890 sq ft 4 Bedrooms 4 Bathrooms 1981 Year Built 10346 sq ft

Additional Details

  • Link to more photos: https://www.dropbox.com/scl/fo/dcqen96flm99kp6r4mpsa/AHo4BbxNazeZ2KpC2AQeEuc?rlkey=q4ytxauee6556iz6kfhiy5sfs&st=gzxul8bq&dl=0
  • Important Details: --> One side vacant/one sided assume M2M tenant @ $1175/mo --> 2018 Roof --> 2025 AC's --> 2016 impact windows --> NO HOA -->Flood Zone X (No flood insurance required)
  • Features: Duplex Investment Opportunity in Lehigh Acres at Just 100K Per Door! This 4/4 duplex offers 1,890 SQFT and is already in rental condition, making it an excellent opportunity for investors looking for immediate cash flow and long-term upside. Each unit features a 2/2 layout with 945 SQFT, its own kitchen, separate utility meter, dedicated parking spaces, and a screened-in lanai. One unit is vacant, while the other is occupied by a month-to-month tenant paying $1,175/month, providing immediate rental income with upside. With estimated market rents of $1,300/month per unit, there is potential to generate $2,600/month or $31,200 annually in gross rental income once both units are leased at market rates. Major improvements include a 2018 roof, 2025 AC units, and 2016 impact windows, helping minimize major capital expenses. With the lowest-priced competing duplex in the area listed at $329K and in dated condition, this property offers an attractive entry price with strong potential for cash flow, equity, and long-term appreciation.
  • Potential ARV: $330,000-$350,000
  • Rehab Description: For a rental, keep the current month-to-month tenant in place at $1,175/month and increase the rent toward the estimated market rate of $1,300/month when permitted. For the vacant unit, apply fresh interior paint, address any minor punch-list items, complete a thorough deep clean, and secure a new tenant at market rent. Once both units are rented at market rates, the property has the potential to generate $2,600/month in gross rental income. For a flip, arrange for both units to be delivered vacant and modernize the interiors of each unit to maximize resale value. Update the kitchens, bathrooms, flooring, fixtures, and finishes, apply fresh interior paint, complete any necessary repairs, and finish with a thorough deep clean. The property already features a 2018 roof, 2025 AC units, and 2016 impact windows, helping minimize major capital expenses and allowing the investor to focus primarily on cosmetic improvements.
  • Comparable Rent: $1300-$1350/MO
  • Construction: FR
  • Ideal Investment Strategy: Rental/Resale
  • Comp 1: 2032 E 12th ST, Lehigh Acres, FL 33972 4/4 2400 SQFT 1980 Build SOLD @ $315,000 5/7/26 (Slightly bigger/same style duplex/sold rented and in similar condition as ours)
  • Rental Comp: 1002 W 12th ST, Lehigh Acres, FL 33972 2/2 964 SQFT Rented @ $1225/mo (Similar condition as ours)
  • Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money
Property Location

Benjamin Valdez – Asset Manager

Contact

1 Comment

  1. Jason Andis

    on said  

    Hi this is Jason with Venture Properties. I am interested in moving forward with your Lehigh Acres Duplex you sent me. When do you need to close by?

    Reply

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Benjamin Valdez – Asset Manager