$369,000

$229/sq ft

показать похожие

Overview

Bedroom

4

Year Built

1910

Sqft

1613

Property Type

Duplex

Property Description

Under contract-accepting backup offers. Located in the heart of the historic district of Kissimmee, this charming 1910 duplex blends timeless character with modern updates — a rare income-producing asset in one of Central Florida’s most desirable downtown corridors. Each residence features 2 bedrooms and 1 bathroom and was fully renovated in 2022, combining updated interiors with preserved historic charm. Major capital improvements include a new roof (2022) and foundation reinforcement completed in 2025, significantly reducing near-term capital expenditure risk. Currently leased at $1,500 monthly for each residence, the property presents immediate rental upside into the $1,525 to $1,550 monthly range without additional renovations. Based on current operating performance, the duplex demonstrates the potential for a strong and stable return, subject to buyer verification. With improving interest rate conditions, the property may provide favorable income performance, even when considering insurance costs typically associated with historic properties. This is not a speculative value-add opportunity — it is a stabilized asset in downtown Kissimmee positioned for long-term hold potential. Buyers seeking income stability may find this property well suited for a conservative investment strategy. All financial figures and projections are estimates and should be independently verified by the buyer. The adjacent lot is also available for purchase (S5144748). Pricing consideration may be extended to buyers acquiring both properties simultaneously. Please inquire for additional details.

Property Details

MLS#

S5144597

Address

703 MABBETTE

City

Kissimmee

State/county

FL

Zip/Postal Code

34741

Area

Mathews Add Resub

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,014

Maint Fee

$--

Tax Year

2025

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © MIAMI Association of REALTORS®, all rights reserved.

Offers

Make an offer

Schedule a tour

Submit a Tour Request
Get More Information
Boris Gelfand