Active

$399,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1426 sq ft
Overview
  • ID: MFRO6392744
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1426 sq ft
Property Details
Remarks
Turnkey income opportunity in the heart of Orlando. This solid two story concrete duplex offers two fully updated units, each featuring 2 bedrooms and 1 bathroom, making it ideal for investors seeking immediate cash flow and long term growth. The first floor unit provides convenient rear access to a large parking pad shared by both units, while the upstairs unit features a private balcony that adds desirable outdoor living space. Both units have been thoughtfully renovated with modern finishes, including wood look ceramic tile flooring throughout, updated cabinets and appliances, and energy efficient mini split systems installed in the living rooms and all bedrooms for optimal comfort. Each unit is also equipped with a brand new washer and dryer, making them highly attractive for future tenants. Separate electrical and water meters offer ease of management and utility responsibility, and the water heaters have been recently updated as well. The property is currently vacant, allowing for a smooth and immediate closing with no delays. Positioned just steps from Inter&Co Stadium and located in a rapidly growing area of downtown, this duplex sits in the path of continued development and rising demand. Investors will appreciate the strong rental potential and the long term upside tied to the area's ongoing expansion and city backed improvements. This is a rare opportunity to secure a fully updated, low maintenance asset in one of Orlando’s most active growth corridors. The heavy lifting has already been done, allowing a new owner to step in and start generating income right away while benefiting from appreciation for years to come.
Financial Considerations
Price:
$399,000
HOA Fee:
N/A
Tax Amount:
$2161
Price per SqFt:
$279.8
Tax Legal Description:
W E GORES ADDITION F/6 LOT 14 BLK B (LESS BEG 10 FT W OF SE COR E 10 FT TO SAIDSE COR N 10 FT SW 14.14 FT TO POB)
Exterior Features
Lot Size:
3920
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Common, Driveway, Off Street, Parking Pad
Roof:
Cement, Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Ductless
Cooling:
Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile
Levels:
Two
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1967
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Private Entrance
Additional Features 2:
N/A
Map
  • Address
    901 COLYER ST
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