Winter Park Duplex

Super Rare Duplex Opportunity in Downtown Winter Park

Extraordinarily rare and unique opportunity to purchase a multi-family property in Downtown Winter Park. You are a stone’s throw from Rose Cafe and walking distance to Park Ave. The value here is apparent, but difficult to pinpoint an actual dollar amount. Each side is currently rented month to month. Tenants are paying well under market. For 2/1’s in the area of similar caliber, you should be getting between $2,000 and $2,200 a month, once renovated. That being said, the dirt is also extremely valuable, based on the location. The seller does not want the tenants knowing she is selling the property yet, so we have not been able to get picture, but we will be able to get one chance at showing it.

Based on seller’s knowledge of the property, the roof was replaced within the last 10 years. You will need to install minisplits, as there doesn’t look to be room for ducting, and they are currently using window units. The windows are old and need to be replace. Both electric and plumbing do not have any issues, but I am not certain of the material for either. Flooring is terrazzo throughout, and I’m going to assume kitchen and baths, along with paint. Opportunity in Downtown Winter Park