Property Description:
Increase your rental APY to almost 9% by bringing rents to market value! Located in the Maitland/Eatonville area, is this rare concrete block duplex with two bedrooms and two bathrooms in each unit. Both units are separately metered for water and electricity, and each has central air. The roof is approximately ten years old and has original plumbing throughout. Each tenant is paying well-below market rent at $900 a month through October of this year. Comps support market rents from $1,400 – $1,500 a month which will greatly increase your cash flow after tenants vacate or agree to new rates. Being in proximity to downtown Maitland, Winter Park, and Downtown Orlando, finding new tenants should be easy. For more information on this gem, contact us.