Great income property to add to or start your portfolio for instant cash flow. This listing is for a standalone duplex with two rentable units, each with 2 bed / 1 bath. There is an adjacent duplex that is identical that can be sold as well and is currently listed as an income property. One unit currently on month to month at below market rent of $800 / mo, the other 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. Both units separately metered. Roofs was replaced in 2023. Windows and doors have been recently replaced as well for insurability. Call today for more details or to set up a showing.
Property Details
Price:
$299,000
MLS #:
O6272562
Status:
Active
Beds:
4
Baths:
2
Address:
1030 FEDERAL STREET
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
MORGANS ADD 01
Neighborhood:
32805 – Orlando/Washington Shores
City:
ORLANDO
Listed Date:
Jan 17, 2025
State:
FL
Finished Sq Ft:
1,404
Total Sq Ft:
1,404
ZIP:
32805
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1949
See this Listing
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Schools
Interior
Appliances
Electric Water Heater, Range
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Ceramic Tile
Heating
None, Space Heater
Laundry Features
Other
Exterior
Construction Materials
Block
Exterior Features
Sidewalk
Parking Features
Common
Roof
Shingle
Financial
Tax Year
2023
Taxes
$3,137
Map
Community
- Address1030 FEDERAL STREET ORLANDO FL
- SubdivisionMORGANS ADD 01
- CityORLANDO
- CountyOrange
- Zip Code32805
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