$549,900

1500 NEbraska Street Orlando, FL 32803 Multi Unit - Multiple Pending

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Description

Under contract-accepting backup offers. Turnkey duplex opportunity in the heart of Colonialtown North / Mills 50, one of Orlando's most desirable rental markets. Delivered vacant at closing, this property offers immediate flexibility to set market rents, maximize cash flow, or execute a strategic house-hack.Major capital improvement already completed: brand new roof, significantly reducing near-term expense risk and increasing long-term durability.Each unit features: Private entrances Functional, open living spaces with abundant natural light Updated interior finishes Well-appointed kitchens with ample cabinet storage Comfortable bedrooms with closet space Clean, move-in ready conditionSituated on a spacious lot with off-street parking, this property benefits from strong tenant demand driven by proximity to Downtown Orlando, Mills 50 dining, Audubon Park, and major employment hubs.With both units vacant, investors have the rare opportunity to establish rents at current market rates and optimize returns from day one. Ideal for buy-and-hold investors seeking stable income in a high-growth 32803 corridor.New roof. Prime location. Income potential. Dont' wait on this hard-to-find duplex opportunity in pristine condition one of Orlando's most sought-after communities. Call today for your private showing!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.13 Acres
Roof Type: Other
Stories: 1.0
Taxes: $4,926
Year Built: 1967

General Information

Bedrooms: 3
Sqft: 1,596
County: Orange
High School: Edgewater High
Subdivision: WIGGINS REP
Listed By:
Mike Derenthal DERENTHAL REALTY 321-662-8014

Amenities

Ceiling Fans(s)
Fence
Private Yard

Property Features

Annual Net Income: 33600.00
Appliances: Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
Days on Site: 5
Directions: Head north on N Mills Ave.Turn left onto E Colonial Dr (FL-50).Go about 0.5 miles.Turn right onto N Fern Creek Ave.Drive north for about 0.4 miles.Turn left onto Nebraska St.
Exterior: Concrete
Flood Zone Code: X
Flooring: Laminate, Tile
Foundation: Block
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Paved
Lot Dimensions: 0.13
Number of Pets: 1
Other Equipment: Private Yard
Other Structures: Shed(s)
Ownership: Fee Simple
Parking: Covered, On Street
Parking Notes: Covered, On Street
Patio/Porch: Rear Porch
Pets Allowed: Yes
Pets Restrictions: Confirm w/ municipality
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R-2A/T/SP
$549,900
3beds
1,596sqft
New to the Market Pending
BEDS3 BATHS SQUARE FEET1,596 MLS#O6385602
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWIGGINS REP

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1500 Nebraska Street, Orlando, FL 32803.

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Estimated Payment

$ 2,425.61 per month $1,854.72 Principal & Interest $410.50 Property Tax $160.39 Homeowner's Insurance

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