Description
Under contract-accepting backup offers. Excellent investment opportunity offering an attractive cap rate and immediate cash flow. This fully leased, recently renovated duplex is located in a desirable Saint Cloud corridor less than one block from the Lake Tohopekaliga recreation trail and on the same street as Lakeside Elementary—an area with strong long-term rental demand. Both units were extensively updated in 2023 with improvements including full interior repaint, new flooring, updated bathrooms, new vanities, mirrors, backsplashes, new lighting and fixtures, new window shades, new kitchen appliances, and refreshed laundry room components. Additional upgrades include installation and wiring of new bathroom vent/light combos, replacement of the water heater temperature relief valve, and multiple time-and-materials enhancements. Exterior improvements include a new roof. The duplex is professionally managed, separately metered, and both tenants intend to stay—offering stable income from day one. The backyard is private with a small creek along the rear portion of the property, and each unit has ample parking. A hard-to-find opportunity: TWO updated 2/2 units with reliable tenants in a growing Central Florida submarket—positioned for both steady income and long-term portfolio growth.
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4BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
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1,768SQFT
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$269$/SQFT
Description
Under contract-accepting backup offers. Excellent investment opportunity offering an attractive cap rate and immediate cash flow. This fully leased, recently renovated duplex is located in a desirable Saint Cloud corridor less than one block from the Lake Tohopekaliga recreation trail and on the same street as Lakeside Elementary—an area with strong long-term rental demand. Both units were extensively updated in 2023 with improvements including full interior repaint, new flooring, updated bathrooms, new vanities, mirrors, backsplashes, new lighting and fixtures, new window shades, new kitchen appliances, and refreshed laundry room components. Additional upgrades include installation and wiring of new bathroom vent/light combos, replacement of the water heater temperature relief valve, and multiple time-and-materials enhancements. Exterior improvements include a new roof. The duplex is professionally managed, separately metered, and both tenants intend to stay—offering stable income from day one. The backyard is private with a small creek along the rear portion of the property, and each unit has ample parking. A hard-to-find opportunity: TWO updated 2/2 units with reliable tenants in a growing Central Florida submarket—positioned for both steady income and long-term portfolio growth.
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