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
See this Listing
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 GaryMortgage 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
- Address1028 & 1030 FEDERAL STREET ORLANDO FL
- SubdivisionMORGANS ADD 01
- CityORLANDO
- CountyOrange
- Zip Code32805
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Courtesy of LPT REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 1028 & 1030 FEDERAL STREET
ORLANDO, FL
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