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1028 & 1030 FEDERAL STREET
ORLANDO FL 32805 US

$599,900

Active Listing ID O6263043
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8 bed
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Lot: 0.30 Acres
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Quadruplex

$599,900

Active Listing ID O6263043
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1028 & 1030 FEDERAL STREET 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 Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Sidewalk
  • Roof Type: Shingle
  • Heating Fuels: Space Heater

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 599900
  • unparsedaddress: 1028 & 1030 FEDERAL STREET
  • postalcity: ORLANDO
  • stateorprovince: FL
  • country: US
  • postalcode: 32805
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3
  • lotsizeunits: Acres
  • lotsizearea: 0.3
  • livingarea: 2808
  • livingareaunits: Square Feet
  • latitude: 28.54804915
  • longitude: -81.3946951
  • listagentfullname: Mike Derenthal
  • listagentemail: mike@derenthalrealty.com
  • listagentkey: 3yd-MFRMLSFL-261083916
  • listagentmlsid: 261083916
  • listagentpreferredphone: 3216628014
  • listagentofficephone: 8773662213
  • listofficekey: 3yd-MFRMLSFL-261016803
  • listagentstatelicense: 3074162
  • listofficemlsid: 261016803
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1949
  • listingcontractdate: 2024-12-06
  • listagenturl: https://www.lpt.com/
  • countyorparish: Orange
  • parcelnumber: 27-22-29-5740-00-040
  • constructionmaterials: Block
  • heating: Space Heater
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: Open Floorplan, Primary Bedroom Main Floor
  • exteriorfeatures: Sidewalk
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.39469, 28.54805
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LPT Realty, LLC.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mike@derenthalrealty.com", "ListBrokerageCity":"Lake Mary", "ListBrokerageCountry":"US", "ListBrokerageEmail":"boards@lpt.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"LPT Realty, LLC.", "ListBrokeragePhone":"(877) 366-2213", "ListBrokeragePostalCode":"32746", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1400 S. International Parkway", "ListBrokerageWebsiteUrl":"https://www.lpt.com/", "ListOfficeAddress1":"1400 South International Parkw", "ListOfficeAddress2":"Suite 1020", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Lake Mary", "ListOfficeCountry":"US", "ListOfficeEmail":"boards@lpt.com", "ListOfficePostalCode":"32746", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - ORLANDO, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1028_Orlando_FL_32805_M90396-99729?f=listhub&s=MFRMLSFL&m=O6263043&c=rexren", "MLSModificationTimestamp":"2024-12-20T18:11:07Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3137, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/21/2024 1:13:22 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Mike Derenthal, LPT REALTY, mike@derenthalrealty.com

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.