An opportunity to own 2 duplexes in the Paramore district. This income producing property is being sold for $275,000. The property next to it, 1030 Federal Street, is also being sold for $275,000. Properties must be purchased together. The properties both have new roofs, one is a month old the other is a year old. Properties have recently been renovated with new windows. Currently 3 of 4 units are rented with the 4th in final stages of renovation. Rents are below market rate and have room to increase. Another property on the street is getting $1,500 a unit in their same size and style duplex.
Off market
Street View
$262,800
1028 Federal St, Orlando, FL 32805
4beds
1,404sqft
MultiFamily
Built in 1949
-- sqft lot
$262,800 Zestimate®
$187/sqft
$1,336 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Interior area
- Total interior livable area: 1,404 sqft
Property
Lot
- Size: 6,431 sqft
Details
- Parcel number: 292227574000050
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Composition
Condition
- Year built: 1949
Community & neighborhood
Location
- Region: Orlando
Services availability
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Estimated market value
$262,800