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Gelfand Realty Miami Properties - 1/2 Duplex

1904 (& 1906) CANTON, ORLANDO, FL 32803

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1/2 Duplex 4 bedrooms - ALTALOMA HEIGHTS

1904 (& 1906) CANTON, ORLANDO, FL 32803

Sold Price$185,000 Asking Price$185,000

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  • Days on market:

    30 day(s)
  • Original Price:

    $199,900
  • Price per sqft:

    $115.91
  • Tax Legal Description:

    ALTALOMA HEIGHTS G/54 LOT 8 BLK B
  • Tax Year:

    2013
  • Property Type:

    1/2 Duplex
  • Carport Spaces:

    1
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Ceramic Tile
  • Equipment/Appliances:

    Electric Water Heater
  • Special Listing Conditions:

    Short Sale
  • Lot Features:

    City Lot

Description

$185,000 • four bedroom(s) • two full bathroom(s) • living size area 1596 sqft

Short sale. yes. great fortune comes to those who take immediate action when opportunity presents itself! this duplex with two 2/1 units sits in the heart of colonial town. in great condition! both units have reliable, long term tenants on current leases totaling $1500/mo, yielding a net operating income of about $15,000 (7.5 cap) after property taxes and insurance. market rent rates allow you some room to increase the rent. tenants are responsible for all utilities and yard maintenance. front tenant has been there over 20 years! rear unit was completely remodeled in 2006 with new flooring, paint, tile, granite and stainless, and its current tenant has been there over 3 years. both tenants plan to stay. money is math! don’t miss out on this rare find!

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