Active

$369,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1613 sq ft
Overview
  • ID: MFRS5144597
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1613 sq ft
Property Details
Remarks
Located in the heart of the historic district of Kissimmee, this charming 1910 duplex blends timeless character with modern updates — a rare income-producing asset in one of Central Florida’s most desirable downtown corridors. Each residence features 2 bedrooms and 1 bathroom and was fully renovated in 2022, combining updated interiors with preserved historic charm. Major capital improvements include a new roof (2022) and foundation reinforcement completed in 2025, significantly reducing near-term capital expenditure risk. Currently leased at $1,500 monthly for each residence, the property presents immediate rental upside into the $1,525 to $1,550 monthly range without additional renovations. Based on current operating performance, the duplex demonstrates the potential for a strong and stable return, subject to buyer verification. With improving interest rate conditions, the property may provide favorable income performance, even when considering insurance costs typically associated with historic properties. This is not a speculative value-add opportunity — it is a stabilized asset in downtown Kissimmee positioned for long-term hold potential. Buyers seeking income stability may find this property well suited for a conservative investment strategy. All financial figures and projections are estimates and should be independently verified by the buyer. The adjacent lot, scheduled to be listed soon at $69,000, is also available for purchase. Buyers interested in acquiring both properties together may benefit from a favorable combined pricing consideration. Please inquire for additional details.
Financial Considerations
Price:
$369,000
HOA Fee:
N/A
Tax Amount:
$4014.14
Price per SqFt:
$228.77
Tax Legal Description:
HENRY A MATTHEWS REPLAT PB 37 PG 142 LOT 2
Exterior Features
Lot Size:
6271
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1910
Construction Type:
Frame, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence
Additional Features 2:
N/A
Map
  • Address
    703 MABBETTE ST
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