$359,900
204/206 Ichabod Ave, Lehigh Acres, FL 33973
Current Rent **
$1,700
Projected Rent **
$3,200
Duplex with Long-Term Tenant--3BR/2BA Units, One Vacant and Ready to Rent
Solid duplex featuring two spacious 3-bedroom, 2-bath units. One side is occupied by a 13-year long-term tenant, providing immediate, stable rental income. The other side is vacant and move-in ready, perfect for an owner-occupant or new tenant placement. No flood insurance required / no flood zone.
Layout & Features:
Each unit offers an open floor plan with generous living space, in-unit laundry hookups, and separate utilities. The property has been well maintained, with consistent upkeep by both the owner and long-term tenant. Newer roof 2023, vacant side has newer water system, A/C, and water heater.
Income Potential:
Current rent from the occupied unit is $1700 per month. The vacant side is expected to rent for approximately $1700 per month based on local market rates. This property offers strong cash flow potential with immediate upside once fully leased.
Location Highlights:
The area has strong rental demand and a history of stable occupancy. The location offers convenient access to main thoroughfares, the interstate (I-75), US-41, shopping, and local schools, yet is tucked away from the busier areas—striking a balance between accessibility and a quiet neighborhood.
Additional Details:
Unit size: 3 bed / 2 bath each
Separate utilities
2 Parking Spots on each side on gravel driveway
Lot size: 12,720 sq ft or .292 acres
Year built: 2001
Contact:
Listed by Margaret Hodge, attorney-in-fact for the property owner.
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Location:
204/206 Ichabod Ave, Lehigh Acres, FL 33973
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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