Active

$475,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1768 sq ft
Overview
  • ID: MFRO6365136
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1768 sq ft
Property Details
Remarks
Excellent investment opportunity offering an attractive cap rate and immediate cash flow. This fully leased, recently renovated duplex is located in a desirable Saint Cloud corridor less than one block from the Lake Tohopekaliga recreation trail and on the same street as Lakeside Elementary—an area with strong long-term rental demand. Both units were extensively updated in 2023 with improvements including full interior repaint, new flooring, updated bathrooms, new vanities, mirrors, backsplashes, new lighting and fixtures, new window shades, new kitchen appliances, and refreshed laundry room components. Additional upgrades include installation and wiring of new bathroom vent/light combos, replacement of the water heater temperature relief valve, and multiple time-and-materials enhancements. Exterior improvements include a new roof. The duplex is professionally managed, separately metered, and both tenants intend to stay—offering stable income from day one. The backyard is private with a small creek along the rear portion of the property, and each unit has ample parking. A hard-to-find opportunity: TWO updated 2/2 units with reliable tenants in a growing Central Florida submarket—positioned for both steady income and long-term portfolio growth.
Financial Considerations
Price:
$475,000
HOA Fee:
N/A
Tax Amount:
$4932.4
Price per SqFt:
$268.67
Tax Legal Description:
LAKE FRONT ADDN PB B PG 61-62 BLK 510 N 10 FT OF LOT 5 & S 70 FT OF LOT 6, LAKE FRONT ADDN PB B PG 61-64 BLK 510 W 11.6 FT OF S 70.0 FT OF LOT 3 & W 11.6 FT OF LOT 4
Exterior Features
Lot Size:
10019
Lot Features:
Drainage Canal, Oversized Lot, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
Luxury Vinyl, Tile
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1988
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
VERIFY WITH CITY OF SAINT CLOUD
Map
  • Address
    19 COLUMBIA AVE
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