Income Property. Cash Flow! No Rehab necessary. This solid block full duplex has 3 bedrooms 2 bathrooms and a 1-car attached garage on each side. That's a total of 6 bedrooms, 4 bathrooms, and 2 garages. It also comes with a large shed/workshop(possibility down the road to turn workshop into a third unit). Tenants pay their own electricity and their own lawn care. Both sides are rented and come with a 1 month security deposit. The right side of the duplex (unit 73) is rented through August 2018 at $1350 per month. The left side (unit 77) is set up to include an attached mother-in-law apartment and is rented through July 2018 at $1625 per month. The current cap rate is an amazing 10.6%. The roof was new in 2012. The left side of the duplex just got a full rehab in July 2017. This rehab included a brand new kitchen as well as the addition of a mother-in-law Suite which increased the rental rate. The right side is also nice inside! You get an updated kitchen, black appliances, separate dining room, split floor plan, central air conditioning, terrazo floors, no carpet, walk in closet, ceiling fans, and indoor laundry room with washer and dryer included. It's in a quiet location at the end of a dead-end street, but it's also extremely close to 17-92. From this location it's so easy to get everywhere including Casselberry, Maitland, Winter Park, Altamonte Springs, Orlando, Longwood, I-4, and even Semoran Blvd. It's easy to reach me for more details. Call Joe at 321-307-6564 before someone else gets this easy cash flow property! Feel free to drive by, but please don't disturb our renters without an appointment. Buyer's agents can get a protected 2% commission.
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