Off Market Turnkey Winter Park Duplex

  • House
    2110 ft2
    bedroom 6 Bedrooms
    bathroom 4 Baths
  • Rental
    $269,900 0
    Status : Sold
    Year Built : 1985
 Description
Property Description: We’ve done it again! Here’s an amazing chance to own an OFF-MARKET income producing FULL DUPLEX in Winter Park with 3 bed / 2 bath units on each side. These are rare to find, with this duplex you can enjoy a turnkey cash flowing property. The property already has a brand new roof that was recently replaced. It’s currently tenant occupied, however, they are paying below market value rent. They have been there for 3 years and are wanting to stay. This will be a great addition to your portfolio as there are no full duplexes available within 3 miles of this property and the cheapest one available is $319,900 and over 3 miles away and is only 2/1 units on each side. Based on the comps of other 1/2 duplexes and duplexes in the area, this property offers instant equity to an investor plus an amazing cash flowing opportunity! Call me before this is gone quick!

Property features include: a brand new architectural shingle roof, tile floors, a fully functional kitchen, nicely maintained bathrooms and a fully intact central AC system. This property is certain to sell quickly!

Rental Rehab: 5K-7K
Electrical panels on each unit, plumbing on one side 
 Rehab Work Needed
  • Electricity
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

7628 University Garden Dr, Winter Park, FL 32792, Winter Park, FL, USA, 32792

Sold : $136,000

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 Summary

Overview
Off Market Turnkey Winter Park Duplex Sold
$269,900
Property ID: 5b7c62191d8d0
Address: Login to View
City: Winter Park
State/Province: FL
Zip Code: 32792
Country: USA


Rental Analysis

+ Purchase Price: $269,900
+ Purchase Closing Cost: $8,097
+ Rehab Cost: $5,000
Total Acquisition Cost: $282,997


Monthly Rent: $2,900
+ Annual Potential Rent: $34,800
- Vacancy (0%): $0
Annual Gross Income: $34,800
Annual Gross ROI: 12.3%


 Message

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