$599,900 for Sale

1028 & 1030 federal street , orlando, FL 32805

Beds 8 Baths 4 2,808 Sqft 0.30 Acres 1 of 3
Property 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.
General Information
Sale Price: $599,900
Price/SqFt: $214
Status: Active
MLS#: O6263043
City: orlando
Post Office: orlando
County: Orange
Subdivision: morgans add 01
Acres: 0.3
Bedrooms:8
Bathrooms:4
House Size: 2,808 sq.ft.
Acreage: 0.3 est.
Year Built: 1949
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road:  Asphalt
Garage:  No
Construction:  Block
Exterior Misc:  Sidewalk
Basement:  No
Foundation :  Slab
Cooling:  Wall/Window Unit(s)
Heating:  Wall Units / Window Unit
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $3,137
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


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Mike Derenthal of LPT REALTY, Phone: 877-366-2213
(920) 205-1633 Call Lisa Heid for more information about this property.

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This Home located at
1028 & 1030 federal street, orlando FL 32805
is currently for sale priced at $599,900 and was listed on December, 06, 2024 and has been on the market for 29 days and was last updated on December, 08, 2024.

1028 & 1030 federal street has 8 bedrooms, 4 bathrooms, and approximately 2,808 square feet. with 0.3 acres and was built in 1949. 1028 & 1030 federal street is in the 32805 ZIP Code area of orlando.

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