1030 & 1028 Federal Street, ORLANDO, FL 32805
Local realty services provided by:ERA Advantage Realty, Inc.
1030 & 1028 Federal Street,ORLANDO, FL 32805
$539,900
- 8 Beds
- 4 Baths
- 2,808 sq. ft.
- Multi-family
- Active
Listed by:mike derenthal
Office:lpt realty
MLS#:O6263043
Source:MFRMLS
Price summary
- Price:$539,900
- Price per sq. ft.:$192.27
About this home
** GREAT NEW PRICE ** Solid income property and the chance to add four doors to your portfolio for instant cash flow in an area that continues to see huge investment. Seller is looking to sell these two separate fee simple duplexes (each duplex has two units that are 2/1's, for a total of 4 units and 8 bedrooms / 4 baths). Each property is separately deeded but seller intends to sell them together for inherent value. Because they are deeded separately you WILL NOT be able to do a single conventional loan, but can do an investor-type portfolio loan, or better yet... make a cash offer! Three of the units have been rented in the $850 to $900 / mo range with all three leases on a month to month basis. The fourth unit was recently leased for $1100 per month and that tenant can exit with a 60 day notice if necessary. These units rent quickly and current rents are probably below market so great candidate for increased ROI. All units separately metered. Roofs were replaced in 2023 and 2024. Updated plumbing and electric. Windows and doors on most units have been recently replaced as well for insurability. Units are rented and sold without appliances. No central heat and air but tenants can install wall units. We are now priced to sell. Schedule your showing today. ** PLEASE do not disturb tenants! **
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Home facts
- Year built:1949
- Listing Id #:O6263043
- Added:11 day(s) ago
- Updated:August 14, 2025 at 11:52 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:2,808 sq. ft.
Heating and cooling
- Heating:Space Heater
Structure and exterior
- Roof:Shingle
- Year built:1949
- Building area:2,808 sq. ft.
- Lot area:0.3 Acres
Utilities
- Water:Public
- Sewer:Public, Public Sewer, Sewer Available
Finances and disclosures
- Price:$539,900
- Price per sq. ft.:$192.27
- Tax amount:$3,137 (2023)
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