$174,990

1956 Rose Boulevard

ORLANDO FL, 32839

Description

Full-duplex consisting of two (2) 2-bedroom/1 bath 1/2 duplex units, each with attached carport with washer/dryer hookups. Roof replaced in 2009. Although the entire full-duplex is represented by one parcel ID number, the postal service has assigned the address 5617 S Tampa Ave. to the 2nd half-duplex contained therein. Rent is below market, can get $950 per unit. Rents have not been raised in over 5 years. Massive Corner lot, Sold Block construction, individually Metered for water and Electric. Each unit comes equip with Central AC and has its own utility shed. Close to Millenia Mall, Downtown Orlando, Shopping, Schools, public transportation. 100% Occupied and Cash flowing with amazing Long Term tenants. Tenants are very happy, not needy, easy going, and stay in place. Property can easily bring in $22,800 per year in income with a little renovation and increased to market rent, which will bring this property to 13% cap rate.

Details

MLS#O5863653
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1957
Days On Site17

Features

SQ Feet1,500
Units2
Building(s)1

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32839
Area32839 - Orlando/Edgewood/Pinecastle
Listing VS Median (in 32839)
Price:
$174,990
low | high
Med:
$95,000
95.7111834962% of Average
SqFt:
1,500
low | high
Med:
1,127
74.866666666667% of Average
$ / SqFt:
$117
low | high
Med:
$84
77.743367563709% of Average
On Site:
17
low | high
Med:
105
16.190476190476% of Average
Listing Updated: 05/30/2020
MLS Number: O5863653
Listing Provided By:
Mohamed Khan  of  ERA GRIZZARD REAL ESTATE

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