Access Our List Of Discounted Invested Properties Today | Get Started >
  • This field is for validation purposes and should be left unchanged.

1216 22nd St, Orlando FL 32805 Assigned

  • $164,000
  • 2 beds
  • 2 baths
  • 1,056 sqft
Assigned

1216 22nd St, Orlando FL 32805

Bedrooms: 2 | Bathrooms: 2
Size: 1,056 sq/ft
Year Built: 1965
Lot: 6,747 sqft
Est. Rehab: $13,000
Total Investment: $173,000 + c/c
DETAILS

This is a block built 2 bed, 2 bath Duplex that is 1,056 square feet with a roof that was replaced 5 years ago, and 2 newer A/C units and also connected to City Sewer (great value-add feature).

One unit has a long term tenant in place, currently month to month who will be looking to extend (rent should be increased closer to market value, currently paying $575/month, should be $625-$650) and the other unit has recently been vacated and is ready for a quick renovation in which case market rent can be achieved ($750-$800).
Along with immediate equity and cash flow, after the updates to the rent, this duplex will be providing 2 sources of income and a 7.50% NET ROI which is very rare in this market.

INVESTMENT

Rental Income: $17,400
Property Taxes: $1,600
Community (HOA): $0
Insurance: $1,200
Management: $1,392
Est. NET Income: $13,208
Est. NET ROI: 7.50%

Available on 03.30.2021

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

  • This field is for validation purposes and should be left unchanged.

DISCLAIMER: Florida Investor Deals does not own these properties nor does Florida Investor Deals hold itself out to represent the owners of these properties. These are not Florida investor deals listings. Values are strictly an opinion. Consult an appraiser for true values. Florida investor deals disclaims all liability for the actions or inactions taken or not taken as a result of communications from or to its officers, directors, and members. Florida investor deals does not hold direct contract with the owner of this property

The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement

Price:
$164,000
Address:
1216 22nd St,
Orlando, Florida 32805
Square Feet:
1,056
Lot Size:
6,747 sqft
Bedrooms:
2
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Duplex
Year Built:
1965

Additional Features

1216 22nd St, Orlando FL 32805 Bedrooms: 2 | Bathrooms: 2 Size: 1,056 sq/ft Year Built: 1965 Lot: 6,747 sqft Est. Rehab: $13,000 Total Investment: $173,000 + c/c

Call (954) 280-5883 for more details

Property Location