1028 & 1030 Federal Street, ORLANDO, FL 32805
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  • MLS#: O6263043 ( Residential Income )
  • Street Address: 1028 & 1030 Federal Street
  • Viewed: 1
  • Price: $599,900
  • Price sqft: $214
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 2808
  • Bedrooms: 8
  • Total Baths: 4
  • Days On Market: 15
  • Additional Information
  • Geolocation: 28.548 / -81.3947
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32805
  • Subdivision: Morgans Add 01
  • Provided by: LPT REALTY
  • Contact: Mike Derenthal
  • 877-366-2213
  • mfrmls
  • DMCA Notice
  • Description
    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.
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sidewalk
  • Living Area: 2808.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Common
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: None
  • Heating: None, Space Heater
  • Pets Allowed: Cats OK, Dogs OK
  • Sewer: Public Sewer
  • Utilities: Public, Sewer Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity, Sewer, Water
Other Features
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Open Floorplan, Primary Bedroom Main Floor
  • Legal Description: VAN M MORGANS 1ST ADDITION C/82 LOT 4 &N1/2 OF VAC ALLEY ON S PER 3558/1070 & 3595/140 plus VAN M MORGANS 1ST ADDITION C/82 LOT 5 &N1/2 OF VAC ALLEY ON S PER 3558/1070 & 3595/140
  • Levels: One
  • Area Major: 32805 - Orlando/Washington Shores
  • Occupant Type: Tenant
  • Parcel Number: 27-22-29-5740-00-040
  • Zoning Code: R-2B/T/PH
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