Property Description
Great opportunity for this duplex in a prime location.The property features two units: one with 3 bedrooms and 1 bathroom, renting for $3,500 per month, and the other with 2 bedrooms and 1 bathroom, renting for $3,300 per month. While the sale price does not include the furniture, they can be negotiated for an additional cost. Purchasing the property with the furniture included offers a great turnkey opportunity, ready to move in or rent out. Just a 2-minute walk from S Lake Formosa Dr, the property is close to key attractions such as Harry P. Leu Gardens, the Orlando Science Center, the Mannello Museum of American Art, and the Orlando Shakespeare Theatre, along with a wide variety of bars, restaurants, and cafes in the Mills 50 district. Ideal for those looking for a multifamily property with an excellent location and high rental income potential. Seller financing available.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.15 Acres
Roof Type: Slate
Stories: 1.0
Taxes: $6,392
Year Built: 1960
Square Feet: 1,825
Amenities
Ceiling Fans(s)
Living Room/Dining Room Combo
Balcony
Feature Descriptions
Accessibility Features: Accessible Washer/Dryer
Annual Net Income: 74221.00
Appliances: Cooktop, Dryer, Microwave, Refrigerator, Washer
Days on Site: 20
Directions: From Orange Ave, near Lake Ivanhoe, go east on Virginia Dr, then left on Ferris Ave. House on Left.
Exterior: Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, Owner Financing, VA Loan
Lot Dimensions: 0.15
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
Pets Allowed: Cats OK, Dogs OK, Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Fire Alarm
Sewer: Public Sewer
Showing Instructions: See Remarks, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available
Water: Public
Water Access Y/N: No
Windows: Shutters
Zoning: R2
Listed By / Shown By
Listed By
Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 4,107.23 per month $3,370.68 Principal & Interest $532.67 Property Tax $203.88 Homeowner's InsuranceChange Payment Information
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1612 & 1614 Ferris Avenue | MLS# O6382905
This multi-family property located at 1612 & 1614 Ferris Avenue, Orlando, FL 32803 is currently listed for sale with an asking price of $699,000. Search Orlando real estate on www.watsonrealtycorp.com today.