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2915 FORMOSA AVENUE

Multi-family For Sale
$649,900

BTC: 6.81229757

ETH: 196.28511024

1 days
0 room(s)
1,916 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Tired of paying rent? Owning this duplex will cost you less than renting a 2 bedroom apartment while helping you build equity. With as little as 3.5 down as a first-time buyer, your monthly cost could be around $2,000—based on a lender's quote we already have. Rent from one unit can help cover your mortgage: 2915 is leased at $1,750/month until July 2025 then should adjust to market which is about $2,000 a month, while 2913 is on a month-to-month lease at $2,000/month. Reach out for an excel breakdown of how affordable owning this property is. This property used to be owner-occupied so they spared no expense in upgrading both sides. Unit 2913 has been extensively renovated with granite countertops, stainless steel appliances, tiled floors, and a beautiful rainfall walk-in shower. Unit 2915 received high-quality updates as well, including a newer AC unit installed a couple of years ago. Both units are bright, spacious, and move-in ready. The backyard has been cleared of some trees for more usable space and to protect the property long term of outgrown roots and more. The right-side carport is Tesla charger-ready. The location? Hard to beat. It’s just 1 property from Matthews Park and close to essentials like Publix, Starbucks, and local restaurants. You can bike, walk, or drive to nearby hotspots, and College Park’s charm and professional community make it a desirable place to call home. If you’re ready to stop wasting money on rent and start building your future, this duplex is ready for you. Live in one unit, rent out the other, and make the numbers work in your favor. Let’s make it happen, please reach out to us today for more details!

Location

Facts and features

Type:
Residential Income
Parking:
Circular Driveway / Covered / Driveway / Electric Vehicle Charging Station(s) / Ground Level
Year Built:
1968
Lot:
0.18 Acres
Heating:
Central
Price/sqft:
$339
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Other

  • Parking

    • Circular Driveway

    • Covered

    • Driveway

    • Electric Vehicle Charging Station(s)

    • Ground Level

    Property

    • Levels: One

    • Exterior Features: Fenced / Sidewalk

    Lot

    • Lot: 0.18 Acres

    Other Property Information

    • Parcel Number: 132229710803062

    • Zoning: R-2A/T/W

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $7,354

  • Source details

    • MLS ID: TB8335479

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Laundry Features: Laundry Room

    • Living Area: 1916

    • Water Source: Public

    • Subdivision Name: PINEY WOODS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CHARLES RUTENBERG REALTY INC