** GREAT NEW PRICE ** Solid income property and the chance to add a duplex to your portfolio for instant cash flow in an area that continues to see huge investment. Seller is looking to sell this duplex (which has two units that are 2/1’s.) An immediately adjacent identical duplex can be purchased at the same price. Because each one is deeded separately you WILL NOT be able to do a single conventional loan on both duplexes, but can do an investor-type portfolio loan, or better yet… make a cash offer! These units are currently on month-to-month leases in the $850 to $900 / mo range, and owner recently rented another one of the 2/1’s in adjacent buidling for $1100. These units rent quickly and current rents are probably below market so great candidate for increased ROI. All units separately metered. Roof replaced in 2023. Updated plumbing and electric. Windows and doors have been recently replaced as well for insurability. Units are rented and sold without appliances. No central heat and air but tenants can install wall units. We are now priced to sell. Schedule your showing today. ** PLEASE do not disturb tenants! **
Property Details
Price:
$269,900
MLS #:
O6263063
Status:
Active
Beds:
4
Baths:
2
Address:
1028 FEDERAL STREET
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
MORGANS ADD 01
Neighborhood:
32805 – Orlando/Washington Shores
City:
ORLANDO
Listed Date:
Dec 7, 2024
State:
FL
Finished Sq Ft:
1,404
Total Sq Ft:
1,404
ZIP:
32805
Lot Size:
6,431 sqft / 0.15 acres (approx)
Year Built:
1949
See this Listing
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Schools
Interior
Appliances
Electric Water Heater, Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Ceramic Tile
Heating
None, Space Heater
Laundry Features
None
Exterior
Construction Materials
Block
Exterior Features
Sidewalk
Roof
Shingle
Financial
Tax Year
2023
Taxes
$1,451
Map
Community
- Address1028 FEDERAL STREET ORLANDO FL
- SubdivisionMORGANS ADD 01
- CityORLANDO
- CountyOrange
- Zip Code32805
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1028 FEDERAL STREET
ORLANDO, FL
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