2 Adjoining 1/2 Duplexes For Sale Next to UCF Bonneville Dr, Orlando FL 32826
Property Detail
Property Description
Homerun UCF Duplex priced well under market value. We are selling both individually, or together. As it sits one side is a 3/1.5 and the other is a 2/1. The 3/1.5 is completely rental ready already. You only need to buy a fridge and replace one broken window.
The 2/1 is slightly more complicated. It has a tenant that is the seller’s son and will be moved out on or before January 30th. There will be a $10k escrow holdback that buyer will receive if unit is not vacant. Rehab on that side will include some work to the kitchen. Bathroom remodel and paint. Also, you will have to junk it out as some debris will be left behind and it will need a deep clean.
The roof was completely redone on both sides in 2018. AC’s on both units are in the attic, but sellers have informed us that both were replaced 5 or 6 years ago. We can confirm that both are currently in working order and outside units look good. The entire duplex should be rental ready for around $10,000. As a flip or a buy and hold, deals don’t get much better than this, so act fast!
If you comp each unit individually, it seems to hold more value than as one duplex fyi. One side could easily fetch 175k and the other 155k to 160k. You just don’t have a lot of duplexes or half duplexes to compare to. You have a bunch of similar sfr comps selling for much higher than what we are valuating. You have a similar duplex that is not rehabbed sold for 270k just recently.
