4 Beds
2 Baths
1,613 SqFt
4 Beds
2 Baths
1,613 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,613 sqft
Price per Sqft $228
Subdivision Mathews Add Resub
MLS Listing ID S5144597
Bedrooms 4
HOA Y/N No
Year Built 1910
Annual Tax Amount $4,014
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Each residence features 2 bedrooms and 1 bathroom and was fully renovated in 2022, combining updated interiors with preserved historic charm. Major capital improvements include a new roof (2022) and foundation reinforcement completed in 2025, significantly reducing near-term capital expenditure risk.
Currently leased at $1,500 monthly for each residence, the property presents immediate rental upside into the $1,525 to $1,550 monthly range without additional renovations. Based on current operating performance, the duplex demonstrates the potential for a strong and stable return, subject to buyer verification.
With improving interest rate conditions, the property may provide favorable income performance, even when considering insurance costs typically associated with historic properties.
This is not a speculative value-add opportunity — it is a stabilized asset in downtown Kissimmee positioned for long-term hold potential. Buyers seeking income stability may find this property well suited for a conservative investment strategy.
All financial figures and projections are estimates and should be independently verified by the buyer.
The adjacent lot is also available for purchase (S5144748). Pricing consideration may be extended to buyers acquiring both properties simultaneously. Please inquire for additional details.
Location
State FL
County Osceola
Community Mathews Add Resub
Area 34741 - Kissimmee (Downtown East)
Zoning KB5
Interior
Interior Features Thermostat
Heating Central, Electric
Cooling Central Air
Fireplace false
Laundry Laundry Closet
Exterior
Exterior Feature Fence
Utilities Available Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame,Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Schools and Properties Nearby
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