530-532 Park Avenue, Umatilla, FL 32784
- $375,000
- 4
- BD
- 2
- BA
- 1,938
- SqFt
- List Price
- $375,000
- MLS#
- G5118259
- Type
- Multifamily
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,938
- Lot Size
- 11,000
- Subdivision
- Umatilla North Umatilla
- Year Built
- 1971
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
- Community Features
- No Deed Restriction
- Annual Gross
- 43200
- Style
- Duplex
- Interior
- Open Floorplan, Primary Bedroom Main Floor
- Interior Features
- Open Floorplan, Primary Bedroom Main Floor
- Exterior Construction
- Block
- Exterior
- Private Yard
- Roof
- Shingle
- High School
- Umatilla High
- Utilities
- Electricity Connected
- Fireplace
- Yes
- Heating
- Central
- Cooling
- Central Air
- Pool Type
- No Pool
Listing courtesy of COAST TO COAST REAL ESTATE PRO.
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