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$699,000
Active
1612 & 1614 FERRIS AVENUE
ORLANDO, FL 32803 — WISSAHICKON H/44 LOT 40 BLK A
1,825 sqft
0.15 acres
Built 1960
About This Property
Great opportunity for this duplex in a prime location.
The property features two units: one with 3 bedrooms and 1 bathroom, renting for $3,500 per month, and the other with 2 bedrooms and 1 bathroom, renting for $3,300 per month. While the sale price does not include the furniture, they can be negotiated for an additional cost. Purchasing the property with the furniture included offers a great turnkey opportunity, ready to move in or rent out. Just a 2-minute walk from S Lake Formosa Dr, the property is close to key attractions such as Harry P. Leu Gardens, the Orlando Science Center, the Mannello Museum of American Art, and the Orlando Shakespeare Theatre, along with a wide variety of bars, restaurants, and cafes in the Mills 50 district. Ideal for those looking for a multifamily property with an excellent location and high rental income potential. Seller financing available.
The property features two units: one with 3 bedrooms and 1 bathroom, renting for $3,500 per month, and the other with 2 bedrooms and 1 bathroom, renting for $3,300 per month. While the sale price does not include the furniture, they can be negotiated for an additional cost. Purchasing the property with the furniture included offers a great turnkey opportunity, ready to move in or rent out. Just a 2-minute walk from S Lake Formosa Dr, the property is close to key attractions such as Harry P. Leu Gardens, the Orlando Science Center, the Mannello Museum of American Art, and the Orlando Shakespeare Theatre, along with a wide variety of bars, restaurants, and cafes in the Mills 50 district. Ideal for those looking for a multifamily property with an excellent location and high rental income potential. Seller financing available.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Duplex
- MLS Number
- O6382905
- Days on Market
- 21
- Year Built
- 1960
- Levels
- One
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 1,825 sqft
- Total Area
- 2,298 sqft
- Lot Size
- 0.15 acres
- Lot Sq Ft
- 6,381 sqft
Interior
- Flooring
- Ceramic Tile, Luxury Vinyl
- Appliances
- Cooktop, Dryer, Microwave, Refrigerator, Washer
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Laundry
- Inside
- Windows
- Shutters
- Furnished
- Furnished
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Balcony
- Construction
- Stucco
- Roof
- Slate
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
- Pets Allowed
- Cats OK, Dogs OK, Yes
- Security
- Fire Alarm
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
- Parking
- Driveway
Financial
- List Price
- $699,000
- Annual Taxes
- $6,392
- Tax Year
- 2024
- Listing Terms
- Cash, Conventional, FHA, Owner Financing, VA Loan
- Special Conditions
- None