1028 & 1030 Federal Street, ORLANDO, FL 32805
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Would you like to sell your home before you purchase this one?
Priced at Only: $539,900
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Address: 1028 & 1030 Federal Street, ORLANDO, FL 32805
Property Location and Similar Properties
Reduced
- MLS#: O6263043 ( Residential Income )
- Street Address: 1028 & 1030 Federal Street
- Viewed: 35
- Price: $539,900
- Price sqft: $192
- Waterfront: No
- Year Built: 1949
- Bldg sqft: 2808
- Bedrooms: 8
- Total Baths: 4
- Days On Market: 179
- Additional Information
- Geolocation: 28.548 / -81.3947
- County: ORANGE
- City: ORLANDO
- Zipcode: 32805
- Subdivision: Morgans Add 01
- Provided by: LPT REALTY
- Contact: Mike Derenthal
- 877-366-2213
- DMCA Notice
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Description** 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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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Sidewalk
- Living Area: 2808.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Common
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: None
- Heating: None, Space Heater
- Pets Allowed: Cats OK, Dogs OK
- Sewer: Public Sewer
- Utilities: Public, Sewer Available
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2023
Rental Information
- Tenant Pays: Electricity, Sewer, Water
Other Features
- Country: US
- Furnished: Unfurnished
- Interior Features: Open Floorplan, Primary Bedroom Main Floor
- Legal Description: VAN 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
- Levels: One
- Area Major: 32805 - Orlando/Washington Shores
- Occupant Type: Tenant
- Parcel Number: 27-22-29-5740-00-040
- Views: 35
- Zoning Code: R-2B/T/PH
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Nearby Subdivisions

- Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
- Southern Realty Ent. Inc.
- Mobile: 407.448.1042
- frank4074481042@gmail.com