E. Amelia St., Orlando, FL 32803

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Downtown Duplex in 32803! Here is your chance to pick up a solid multifamily rental and add it to your portfolio. This block duplex was built in 1948 is zoned R-2A/T, sits on a .3 acre double lot with a fenced yard! This property has a 5 year old roof, kitchen cabinets were redone in 2012, the rooms are large, and the property is located in an A+ area.

The right side 2 bedroom, 1 bath is approx 1,300 SF and will be vacant at closing, can rent for $1400-$1600/month, new A/C in 2016. The left side 2 bedroom, 1 bath is approx 1,000 SF and is tenant occupied with a lease until March 2019, paying $790/month. Once you can get a new tenant at $1400/mo the ROI is terrific for this asset.

Brookshire

Assignable

Est. Rehab: $2,000 – $6,000

Est. Monthly Rent: $790 + $1400-$1600

Recent Area Sales / Activity:

• 1002 E Marks St – 4/2, 1440 SF – Built 1949, .19 acres – SOLD $359k on 4/9/18
• 2609 E Pine St – 4/2, 1572 SF – Built 1970, .17 acres – SOLD $341,400 on 4/6/18
• 1345 N Fern Creek – 4/2, 1589 SF – Built 1948, .25 acres – SOLD $328k on 10/30/2017