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This listing is for two adjacent units, each one a two-unit duplex, so total number of units at this price is 4 units. This is a 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 duplex is separately deeded but seller intends to sell them together for inherent value. One rental unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the rental 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. Reference MLS# O6263043 found in Income properties search for more details re: financials and such.
| 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) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater, Range, Refrigerator |
| AREA | 32805 - Orlando/Washington Shores |
| CONSTRUCTION | Block |
| HEAT | None, Space Heater |
| INTERIOR | Open Floorplan |
| LOT | 6534 sq ft |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | MORGANS ADD 01 |
| TAXES | 1451.21 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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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 9:21 PM PST.
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