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1028 & 1030 Federal Street, Orlando, FL 32805

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For Sale

$599,900

8 beds • 2,808 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $213.64
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# O6263043

Courtesy Of LPT Realty, LLC.

(877) 366-2213

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Heating System
    Space Heater
  • Lot Size
    0.3 Acres

Map and Directions

Directions to 1028 & 1030 Federal Street, Orlando, FL 32805

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(407) 566-0555
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Monthly Payment Breakdown

  • Principle and Interest
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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