ORLANDO, FL 32805 1028 Federal STREET
$599,900
Presented By: LPT REALTY with 877-366-2213. - 877-366-2213
Beds • 8- Baths • 4
- SQFT • 2,808
Beds • 8
Baths • 4
SQFT • 2,808Home Details
This listing is for two adjacent units, each one a two-unit duplex, so total number of units at this price is 4 units. This is a 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 duplex is separately deeded but seller intends to sell them together for inherent value. One rental unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the rental 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. Reference MLS# O6263043 found in Income properties search for more details re: financials and such.
Presented By: LPT REALTY with 877-366-2213. - 877-366-2213
Interior Features for 1028 Federal STREET
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NNo
Fireplace Y/NNo
Flooringceramic tile
Furnished Y/Nunfurnished
Heating Y/NYes
Laundry Featuresnone
Total Stories1
General for 1028 Federal STREET
Additional Parcels Description27 22 29 5740 00 040
Additional Parcels Y/NYes
Applianceselectric water heater, range, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Cityorlando
Construction Materialsblock
Coolingnone
Countyorange
Directionssouth on westmoreland, past amelia, then turn left (west) onto federal street, properties (1030 and 1028 federal street) on south side of street.
Exterior Featuressidewalk
FULLfee simple
Facing Directionnorth
Flood Zone Codex
Flood Zone Code XY
Full Baths4
Garage Y/NNo
HOAYes
Heatingnone, space heater
Interior Featuresopen floorplan
Land Lease Y/NYes
Lease Considered Y/NYes
Legal Descriptionvan m morgans 1st addition c/82 lot 5 &n1/2 of vac alley on s per 3558/1070 & 3595/140
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet6431
Lot Size Unitssquare feet
MLS Area32805 - orlando/washington shores
Minimum Lease7 months
ModificationTimestamp2025-02-01t22:18:40.823z
New ConstructionNo
Occupancy Typetenant
Pets Allowedcats ok, dogs ok
Property Attached Y/NYes
Property Subtype1/2 duplex
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namemorgans add 01
Tax Annual Amount1451.21
Tax Lot5
Tax Year2023
Total Rooms3
Utilitiespublic
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1949
Zoningr-2b/t/ph
Exterior for 1028 Federal STREET
Building Area Total2808
Foundation Detailsslab
Lot Size Acres0.15
Lot Size Area6431
Number of Lots2
Private PoolNo
Road Responsibilitypublic maintained road
Road Surface Typeasphalt
Water Sourcepublic
Additional Details
Price History
