photo 1: 1028 FEDERAL STREET, ORLANDO FL 32805

Courtesy of LPT REALTY 321-662-8014

Active

1028 FEDERAL STREET, ORLANDO FL 32805

$599,900

Price

8

Beds

4

Baths

2,808

Sq. Ft.

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.

Listing Type

Residential

Property Type

Half Duplex

Built Year

1949

Levels

One

Price/Sqft

--

Lot Size Acre

0.15

Status

Active

Days on Realoq

121

Living Area

2,808 Sq. Ft.

Lot Size Sqft

6,431 Sq. Ft.

Location

Interior Features
  • Open Floorplan
Laundry Features
  • None
Agent

Mike Derenthal

Brokerage

LPT REALTY

Source AOR

Orange

Listing ID #

O6263063

This content last updated on 04/07/2025 05:28 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of 04/07/2025 09:29 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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