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Great income property and the chance to add four doors to your portfolio for instant cash flow. These two units are standalone, adjacent duplexes for a total of four rentable units, each with 2 bed / 1 bath. Each property is separately deeded but seller intends to sell them together for inherent value. One unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the units currently on month to month at below market rents of $800 / mo. The fourth unit has a lease in place until May of 2025 at a rent of $950. If all rents are moved up to market this property should be able to operate at a very desirable cap rate. All units separately metered. Roofs were replaced in 2023 and 2024. Windows and doors on most units have been recently replaced as well for insurability.
| DAYS ON MARKET | 43 | LAST UPDATED | 12/7/2024 |
|---|---|---|---|
| TRACT | MORGANS ADD 01 | YEAR BUILT | 1949 |
| COMMUNITY | 32805 - Orlando/Washington Shores | COUNTY | Orange |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 32805 - Orlando/Washington Shores |
| CONSTRUCTION | Block |
| HEAT | None, Space Heater |
| INTERIOR | Open Floorplan |
| LOT | 0.3 acre(s) |
| PARKING | Common |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | MORGANS ADD 01 |
| TAXES | 3137 |
| UTILITIES | Sewer Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Mike Derenthal, LPT REALTY, 877-366-2213
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/17/25 9:06 PM PST.
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