Half DuplexResidential1028 FEDERAL STREET ORLANDO FL 32805

1028 FEDERAL STREET ORLANDO FL 32805

4 beds
2 baths
1404 sq ft

Courtesy of

Listing Office: LPT REALTY
Status: Active
MLS ID: MFRO6263063

Description

Description:
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.
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Basics

Bathrooms Half: 0
Date added: Added 10 hours ago
Category: Half Duplex
Type: Residential
Bedrooms: 4
Bathrooms: 2
Half baths: 0
Floors: 1
Area, sq ft: 1404 sq ft
Lot size, sq ft: 6431 sq ft
Year built: 1949
SubdivisionName: MORGANS ADD 01

Location

CountyOrParish: Orange

Property Features

Interior Features: Open Floorplan
Appliances: Electric Water Heater, Range, Refrigerator
Flooring: Ceramic Tile
Laundry Features: None
Pets Allowed: Cats OK, Dogs OK
Exterior Features: Sidewalk
Roof: Shingle
Water Source: Public
Sewer: Public Sewer
Cooling: Wall/Window Unit(s)
Heating: Wall Units / Window Unit
Furnished: Unfurnished

Property Details

Subdivision Name: MORGANS ADD 01
Property Attached YN: Yes
Direction Faces: North
Construction Materials: Block

Fees&Taxes

Tax Year: 2023
Tax Annual Amount: $1,451

Amenities & Features

Waterfront available: No
GarageYN: No
AttachedGarageYN: No
FireplaceYN: No
PoolPrivateYN: No
Cooling: Wall/Window Unit(s)
ExteriorFeatures: Sidewalk
Utilities: Public
Features:
Open Floorplan
Amenities:
Electric Water Heater Range Refrigerator

Building Details

NewConstructionYN: No
Heating: Wall Units / Window Unit
Exterior material: Block
Roof: Shingle

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This Residential style property is located in ORLANDO is currently Half Duplex and has been listed on REALTOR CANDIS CARMICHAEL. This property is listed at $599,900. It has 4 beds bedrooms, 2 baths bathrooms, and is 1404 sq ft. The property was built in 1949 year. Properties displayed may be listed or sold by various participants in the MLS. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by broker or MLS GRID. Based on information submitted to the MLS GRID as of December 15, 2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.