530-532 Park Avenue, Umatilla, FL 32784
- $375,000
- 4
- BD
- 2
- BA
- 1,938
- SqFt
- List Price
- $375,000
- Status
- Active
- Days on Market
- 0
- MLS#
- G5118259
- Property Style
- Duplex
- Year Built
- 1971
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,938
- Lot Size
- 11,000
- Acres
- 0.25
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Umatilla North Umatilla
- MLS Area Major
- Umatilla / Dona Vista
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.
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Additional Information
- Taxes
- $5062
- Annual Gross Income
- 43200
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-12
- Interior Layout
- Open Floorplan, Primary Bedroom Main Floor
- Interior Features
- Open Floorplan, Primary Bedroom Main Floor
- Utilities
- Electricity Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Fireplace
- Yes
- Fireplace Description
- Wood Burning
- Exterior Construction
- Block
- Exterior Features
- Private Yard
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- High School
- Umatilla High
- Flood Zone Code
- X
- Parcel ID
- 12-18-26-0600-017-02100
- Legal Description
- UMATILLA NORTH UMATILLA LOTS 21 22 BLK 17 PB 6 PGS 35-37 ORB 6042 PG 30
Listing courtesy of COAST TO COAST REAL ESTATE PRO. 352-296-8930
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