WOW! This fully leased historic duplex has 2 spacious units, each over 1,500 sf with tons of charm and features. It will make for a great addition to your investment portfolio in the HOT Historic Springfield District. Built in 1914 but recently updated with large kitchens, fireplaces, claw-footed tubs and original wood trim, this is a very well done property. New updates include a brand new upper deck and HVAC systems. Other charming features include 5-panel wood doors and 10' ceilings on both floors. Close to UF/Shands and Downtown, this will be a solid performing asset. Current CAP Rate is 6% with the potential to be over 7%. (One unit is a 3/2 and one is a 2/1.5 - both have their own laundry facilities). Appraised at $360,000 this year, INSTANT EQUITY and Cash Flow. Act fast!

Property Details

  • MLS #1073758
  • TypeSingle Family Home
  • StatusPending
  • Development
  • SubdivisionSPRINGFIELD
  • Sale TypeRegular Sale
  • Lot Size0
  • Price / Sq.Ft.$103
  • Parking Spaces0
  • Swimming PoolNo
  • Days on Market7
  • Year Built1914
  • Style
  • WaterfrontNo
  • FurnishedNo
  • Flooring Type
  • Date Listed10/22/2020
  • HOA Fees N/A
  • Cooling TypeCentral Cooling
  • Heating TypeCentral Heating
  • Taxes Year
  • Taxes$0

Exterior Features

  • Porch - Open

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