1028 & 1030 Federal STREET, ORLANDO, FL 32805 | MLS# O6263043 | Mamba Realty

ORLANDO, FL 32805 1028 & 1030 Federal STREET

1028 & 1030 Federal STREET ORLANDO, FL - Image 11028 & 1030 Federal STREET ORLANDO, FL - Image 2
Presented By: LPT REALTY with 877-366-2213. - 877-366-2213
  • MLS# O6263043
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  • Beds • 8
  • Baths • 4
  • SQFT • 2,808

Home Details

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.
Presented By: LPT REALTY with 877-366-2213. - 877-366-2213

Interior Features for 1028 & 1030 Federal STREET

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NNo
Fireplace Y/NNo
Furnished Y/Nunfurnished
Heating Y/NYes
Laundry Featuresother

General for 1028 & 1030 Federal STREET

Additional Parcels Description27 22 29 5740 00 050
Additional Parcels Y/NYes
Building Area Unitssquare feet
Carport Y/NNo
Cityorlando
Construction Materialsblock
Coolingnone
Countyorange
Directionsheading south on westmoreland drive, go past amelia and then turn right onto federal street, properties are on lhs.
Disclosuresseller property disclosure
Exterior Featuressidewalk
FULLfee simple
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income45600
HOAYes
Heatingnone, space heater
Interior Featuresopen floorplan, primary bedroom main floor
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionvan 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
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet13068
Lot Size Unitssquare feet
MLS Area32805 - orlando/washington shores
Minimum Lease7 months
ModificationTimestamp2025-01-17t13:01:42.070z
New ConstructionNo
NumberOfUnitsTotal4
Occupancy Typetenant
Ok to Lease>6 months <12
Pets Allowedcats ok, dogs ok
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namemorgans add 01
Tax Annual Amount3137
Tax Lot4
Tax Year2023
Tenant Payselectricity, sewer, water
Utilitiespublic, sewer available
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1949
Zoningr-2b/t/ph

Exterior for 1028 & 1030 Federal STREET

Building Area Total2808
Foundation Detailsslab
Lot Size Acres0.3
Lot Size Area13068
Number of Buildings2
Number of Lots2
Number of Separate Electric Meters4
Parking Featurescommon
Private PoolNo
Road Responsibilitypublic maintained road
Road Surface Typeasphalt
Water Sourcepublic

Additional Details

Price History

Jehad Bader

Broker
Price $599,900
MLS#O6263043
Property Type Income
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