For Sale: Prime Investment Opportunity Near Downtown Orlando

Property Details:

• Property Type: Duplex | Single-Family Residence
• Unit Details:
  • Duplex: 2 units, each with 3 beds and 2 baths
  • Single-Family Residence: 2 beds and 1 bath
• Projected Monthly Rent: $5,500 – $5,700
• Projected Rehab: $15,000
• ARV (After Repair Value): $525,000
• Total Living Area: 2,724 sq ft
• Asking Price: $479,900

Property Highlights:

• Front Building: Duplex with two 3/2 units
• Back Building: 2/1 single-family home
• Current Rent: Duplex units are rented for $1,695 each; single-family units at $1,350
• Lease Information: All tenants are under lease through the end of the year. Two duplex units are on month-to-month leases with long-term tenants, currently below market median rents.
• Upgrades: Replumbing with new drainage pipes, new electrical boxes (2010), four and six-year-old A/C units, and a new roof on the single-family home.

Market Insights:

• New construction duplexes in the area are selling for $525,000.
• A comparable property, a wooden duplex from the 1930s with a single-family home, sold for $450,000.

This property not only offers a cap rate exceeding 10% but also has significant equity potential.

If you have any questions or would like to schedule a viewing, please let me know. I look forward to discussing how this opportunity can fit into your investment strategy.

View Photos: Click here to view

Meet Our team of Experts

Meet Vanessa Martin, the Lending Operations Manager at Graystone Investment Group, Lending GIG. Vanessa has been in the real estate industry since 2018 and brings over 23 years of business management experience to her role. Vanessa and her team take pride in serving clients and helping them achieve their goals. They work diligently to find the right financing options while maintaining a strong focus on excellent service. Feel free to schedule a time with Vanessa: https://graystoneig.com/vanessa

Hello! I’m Cody Bergstrom, Acquisitions/Dispositions Manager at Graystone Investment Group. Since 2021, I’ve helped clients acquire off-market properties with integrity and transparency. I aim to align your investments with your vision and deliver exceptional results. Let’s schedule a time to connect! https://graystoneig.com/cody

Hello, my name is Marylyn Patankar. As the Field Manager and New Client Ambassador, my job is to educate you on how Graystone Property Management is a better fit for you as investors, highlighting all the perks we offer. I oversee the onboarding of new investor landlords into our system and manage all essential on-site operations for our property management team. I look forward to speaking with you. Please feel free to schedule a convenient time on my calendar. https://graystoneig.com/marylyn