Active

$390,000

Features:
  • 2048 Bedrooms
  • 1024 Bathrooms
  • 1664 sq ft
Overview
  • ID: MFRO6427547
  • Bedrooms: 2048
  • Bathrooms: 1024
  • Size: 1664 sq ft
Property Details
Remarks
Excellent investment opportunity! This well maintained duplex features two 2 bedroom, 1 bathroom units, both currently tenant occupied, generating a total monthly rental income of $3,000. Each unit offers a functional layout with comfortable living spaces and ample natural light. The property also features a large backyard, providing plenty of outdoor space and potential for future enhancements. Unit 513 is currently rented through HUD, with a monthly payment of $1,470 from HUD and $30 paid by the tenant. Unit 511 is rented at $1,500 monthly on a month to month lease, with tenants responsible for utilities. Recent property updates include a roof approximately 9 years old, a water heater approximately 4 years old, and septic system pumped in January 2025. Conveniently located just minutes from Downtown Orlando, with easy access to I-4, SR 408, shopping, dining, schools, parks, and major employers, making this property highly attractive to tenants. Whether you’re looking to expand your investment portfolio or own a turnkey income-producing property, this duplex presents a fantastic opportunity.
Financial Considerations
Price:
$390,000
HOA Fee:
N/A
Tax Amount:
$5281.06
Price per SqFt:
$234.38
Tax Legal Description:
AVONDALE N/1 LOTS 24 25 & 26 BLK 7
Exterior Features
Lot Size:
10487
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2048
Bathrooms:
1024
Heating:
Central
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:
1983
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Garden
Additional Features 2:
N/A
Map
  • Address
    511 N JOHN ST
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