1028 & 1030 FEDERAL STREET ORLANDO FL 32805 MLS #O6263043 | Gary Kusher | Florida Real Estate

1028 & 1030 FEDERAL STREET
ORLANDO, FL, 32805
$599,900
8 Beds
4 Baths
2,808 SqFt
0.3 Acres
Add
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.

Property Details

Price:
$599,900
MLS #:
O6263043
Status:
Active
Beds:
8
Baths:
4
Address:
1028 & 1030 FEDERAL STREET
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
MORGANS ADD 01
Neighborhood:
32805 – Orlando/Washington Shores
City:
ORLANDO
Listed Date:
Dec 7, 2024
State:
FL
Finished Sq Ft:
2,808
Total Sq Ft:
2,808
ZIP:
32805
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1949
Units:
4
Ask a Question

See this Listing

Send
  

I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

More About Gary

Mortgage Calculator

 

Schools

Interior

Cooling
None
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

Similar Listings Nearby

1028 & 1030 FEDERAL STREET
ORLANDO, FL