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1028 & 1030 FEDERAL STREET

Multi-family For Sale
$599,900

BTC: 5.75719770

ETH: 149.41469489

10 days
8 bds
2,808 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • ORLANDO • 32805 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
Common
Year Built:
1949
Lot:
0.30 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$214
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Open Floorplan

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Common

    Property

    • Levels: One

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 272229574000040

    • Zoning: R-2B/T/PH

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Public

    • Sewer Available

  • Other financial information

    • Annual tax amount: $3,137

  • Source details

    • MLS ID: O6263043

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Other

    • Living Area: 2808

    • Water Source: Public

    • Subdivision Name: MORGANS ADD 01

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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 ©2024-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: LPT REALTY