828 N Hyer Ave

ORLANDO, FL 32803

About this property

Beautiful 2/1 Duplex in the highly sought-after Lake Highland neighborhood. Income property in this prime location is a rare find. Market rent potential is powerful for this neighborhood and has a lot of upside left to capture and could be perfect for an Investor needing a 1031 Exchange. Investor Income is $43,200 per year, which is below market for 32803. NO HOA. New roof in 2023 with blown-in insulation, water barrier underlayment, wind mitigation report, and a solar-powered ventilation fan to keep your tenants comfortable. Home warranty included for the Buyer’s peace of mind. Freshly painted in 2022, the slab foundation has terrazzo under the wood laminate, ceiling fans, window blinds, and central HVAC. Both units have inside laundry washers & dryers. Each unit is currently rented at $1800.00 per month for $43,200.00 annually. Close to popular restaurants and shopping in the Mills/50 district, hospital/medical services, and downtown. Information on the MLS/websites is intended to be accurate; however, cannot be guaranteed. Buyers and agents are advised to verify.

About this property

Beautiful 2/1 Duplex in the highly sought-after Lake Highland neighborhood. Income property in this prime location is a rare find. Market rent potential is powerful for this neighborhood and has a lot of upside left to capture and could be perfect for an Investor needing a 1031 Exchange. Investor Income is $43,200 per year, which is below market for 32803. NO HOA. New roof in 2023 with blown-in insulation, water barrier underlayment, wind mitigation report, and a solar-powered ventilation fan to keep your tenants comfortable. Home warranty included for the Buyer’s peace of mind. Freshly painted in 2022, the slab foundation has terrazzo under the wood laminate, ceiling fans, window blinds, and central HVAC. Both units have inside laundry washers & dryers. Each unit is currently rented at $1800.00 per month for $43,200.00 annually. Close to popular restaurants and shopping in the Mills/50 district, hospital/medical services, and downtown. Information on the MLS/websites is intended to be accurate; however, cannot be guaranteed. Buyers and agents are advised to verify.

Features and Additional Information

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$589,000 Active
1,616 SQFT

Presented By Bridge Point Business and Real Estate Advisor

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Brokerage
CHARLES RUTENBERG REALTY ORLANDO
1-407-622-2122
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Area Information

32803 Orlando | Colonial Town | Orange County | OVERSTREET OAK HILL SUB

$ 589,000
This listing is play_arrow 41.0% lower than the average in the area
$ 997,500 in the area
1,616 SqFt
This listing is play_arrow 27.0% smaller than the average in the area
2,213 SqFt in the area
$ 364 $/SqFt
This listing is play_arrow 19.6% less than the average in the area
$ 453 $/SqFt in the area
20 days on site
This listing is play_arrow 65.2% below the average in the area
58 days on site in the area

Schools in the Area

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    Elementary School
    Audubon Park K8
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    Middle School
    Audubon Park K-8
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    High School
    Edgewater High
Listed By Jonathan Gray
Brokerage: CHARLES RUTENBERG REALTY ORLANDO

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