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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
