MarthaThomas
BEDS4
BATHS
SQUARE FEET1,938
MLS#G5118259
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUMATILLA NORTH UMATILLA
Property Description
Excellent investment opportunity in the heart of Umatilla! This income-producing duplex property features TWO 2-bedroom, 1-bath units and offers an impressive nearly 9 percent cap rate, making it an attractive addition to any investment portfolio. With two separate units under one roof, the property provides multiple income streams and also offers flexibility for an owner-occupant looking to live in one unit while renting the other. Each unit offers a comfortable layout with plenty of character, while the property features a spacious yard and mature surroundings. Conveniently located near local dining, shopping, parks, recreation, and everyday necessities, residents can enjoy the charm of Umatilla while remaining connected to surrounding Lake County communities. Whether you're a seasoned investor or looking to acquire your first income-producing property, 530-532 Park Ave offers strong income potential, versatility, and an excellent opportunity to invest in a growing Central Florida community.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,062
Year Built: 1971
Amenities
Open Floorplan
Primary Bedroom Main Floor
Private Yard
Feature Descriptions
Annual Net Income: 37000.00
Days on Site: 6
Directions: North on 19 into Umatilla. Turn left on Palmetto just before Mcdonalds right onto park place.
Exterior: Block
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.25
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Other
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R-12
Local Schools
High School: Umatilla High
Listed By / Shown By
Listed By
Agency Name: COAST TO COAST REAL ESTATE PRO
Agency Contact: 352-296-8930
Shown By
Agent Name: Martha Thomas
Agent Phone: (732) 261-9998
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,365.80 per month $834.59 Principal & Interest $421.83 Property Tax $109.38 Homeowner's InsuranceChange Payment Information
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530-532 Park Avenue | MLS# G5118259
This multi-family property located at 530-532 Park Avenue, Umatilla, FL 32784 is currently listed for sale with an asking price of $375,000. Search Umatilla real estate on marthathomas.floridaexecutiverealty.com today.