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Gelfand Realty Miami Properties - Multi Family

851 WINGO, ORLANDO, FL 32803

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Multi Family - JAMAJO REP

851 WINGO, ORLANDO, FL 32803

Sold Price$189,000 Asking Price$189,000

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  • Days on market:

    5 day(s)
  • Original Price:

    $189,000
  • Price per sqft:

    $130.71
  • Tax Legal Description:

    JAMAJO REPLAT J/126 LOT 5 & W 10 FT LOT 4 (LESS N 50 FT) BLK 4
  • Tax Year:

    2017
  • Property Type:

    Multi Family
  • Parking:

    None Other
  • Construction Type:

    Block
  • Roof:

    Other
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Exterior Features:

    Other
  • Special Listing Conditions:

    None

Description

$189,000 • living size area 1446 sqft

Fall right in love with this super solid block duplex .... outstanding investment opportunity for any buy and hold investor.... ****brand new roof*** floors are tile throughout both units ..on huge corner lot which is another great asset this property brings to any portfolio... we love duplexes because they generate two rent rolls of income with only one set of property tax within the overhead .... roi monster bringing 850 per unit double digit cap rate (10%) ... long term tenants 5+ years ... also a clause in the current contract with the property management company to raise rent to fair market value with a 45 day notice ... tenant pays their own electric and utilities.... already professionally managed by a property management company...right off of colonial drive on the outside of baldwin park minutes from the golf course and baldwin park amenities .... very easy transition to new buyer/investor as we specialize in presenting properties where the only thing that changes is the name on the deed and who collects the money ..... very seamless buy and huge addition for your central florida property portfolio......this property is located in 32803 which is one of orlando's top places to reside.... plenty of restaurants within every block radius and minutes from downtown and airport for travel....

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