1028 FEDERAL ST Active Save Request In-Person Tour Request Virtual Tour
Orlando,FL 32805
Key Details
Property Type Single Family Home
Sub Type Half Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,404 sqft
Price per Sqft $192
Subdivision Morgans Add 01
MLS Listing ID O6263063
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1949
Annual Tax Amount $1,451
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Half Duplex
Source Stellar MLS
Property Description
** 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! **
Location
State FL
County Orange
Community Morgans Add 01
Area 32805 - Orlando/Washington Shores
Zoning R-2B/T/PH
Interior
Interior Features Open Floorplan
Heating None,Space Heater
Cooling None
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater,Range,Refrigerator
Laundry None
Exterior
Exterior Feature Sidewalk
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Cats OK,Dogs OK
Senior Community No
Ownership Fee Simple
Special Listing Condition None