Active
1028 & 1030 FEDERAL ST
ORLANDO FL, 32805
$599,900
$213.64 per sqft
Active
8 Beds
4 Baths
2,808 sqft
Multi-family
Built in 1949
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.
O6263043
MLSⓇ ID
December 7, 2024
Listed
December 20, 2024
Updated
Map
1028 & 1030 FEDERAL ST
ORLANDO FL, 32805
Interior Features
Total Stories
1
Bedrooms
8
Total Bathrooms
4
Interior Features
Open Floorplan, Primary Bedroom Main Floor
Laundry Description
Other
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None, Space Heater
Exterior/Building Features
Lot Size
0.3 Acres
Exterior Features
Sidewalk
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
32805 - Orlando/Washington Shores
Taxes
$3,137
Tax Frequency
Annually
Days on Market
13
Association Fee Frequency
Monthly
Garage
No
Parking
Common
View
No
County
Orange
Municipality
22
Water Source
Public
Pool
No
Zoning
R-2B/T/PH
Listed by LPT REALTY
Listing Contact: 877-366-2213
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Data last updated 12/20/2024, 11:40 PM UTC
