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1028 Federal Street, Orlando, FL 32805

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For Sale

$599,900

4 beds • 2 baths • 1,404 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $427.28
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This listing is for two adjacent units, each one a two-unit duplex, so total number of units at this price is 4 units. This is a 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 duplex is separately deeded but seller intends to sell them together for inherent value. One rental unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the rental 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. Reference MLS# O6263043 found in Income properties search for more details re: financials and such.
MLS# O6263063

Courtesy Of LPT Realty, LLC.

(877) 366-2213

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Block
  • Floor Covering
    Tile, Tile - Ceramic
  • Heating System
    Wall Unit
  • Lot Size
    0.15 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 1028 Federal Street, Orlando, FL 32805

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Monthly Payment Breakdown

  • Principle and Interest
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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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