For Sale

Listed by Joseph Morton Tate, PLLC and Ashley Tate from COMPASS FLORIDA LLC

Source: Stellar MLS #O6115085

2312 Formosa Ave, Orlando, FL, 32804

$415,000

1344 sq. ft.
7762 sq. ft.

Duplex

30+ days on the market

What's around 2312 Formosa Ave

About this property

This multi-family property offers a rare opportunity to invest in a great market. Comprising of two units, each featuring 1 bedroom and 1 bathroom, this property boasts a spacious 672 square feet of living space per unit. These units are perfect for those seeking a comfortable and convenient place to call home, making it a great rental option for investors. Whether you're a first-time investor, homebuyer or a seasoned pro, this property is sure to provide you with the returns you're looking for. With low maintenance and a prime location, this multi-family property is the perfect choice for those looking for a smart and profitable investment. The two units are 2312 and 2314. Conveniently located minutes from local shops, restaurants, Advent Health, Downtown College Park, Downtown Orlando, I-4 and more. Units are metered separately rents for each unit are $1350 each and are below market. Front unit has central air back unit has a wall unit. Roof is believed to be 2019 or 2020. Back unit lease ended April 30, 2023 and front unit ends on November 30, 2023. The front unit is the updated unit with central ac, updated bathroom, flooring and kitchen. The back unit has a wall unit, carpet in bedroom and vinyl throughout living space.

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