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$375,000

530-532 Park Avenue Umatilla, FL 32784 • Multi Unit - Multiple • Active

  • 530-532 Park Avenue, Umatilla, FL 32784 Main Photo

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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.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,062
Year Built: 1971

General Information

Bedrooms: 4
Sqft: 1,938
County: Lake
High School: Umatilla High
Subdivision: UMATILLA NORTH UMATILLA
Listed By:
Alaina Dimare COAST TO COAST REAL ESTATE PRO 352-296-8930

Amenities

Open Floorplan
Primary Bedroom Main Floor
Private Yard

Property Features

Annual Net Income: 37000.00
Days on Site: 2
Directions: North on 19 into Umatilla. Turn left on Palmetto just before Mcdonalds right onto park place.
Exterior: Block
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.25
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Other
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R-12
$375,000
4beds
1,938sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,938 MLS#G5118259
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONUMATILLA NORTH UMATILLA

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530-532 Park Avenue, Umatilla, FL 32784.

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Estimated Payment

$ 1,796.02 per month $1,264.81 Principal & Interest $421.83 Property Tax $109.38 Homeowner's Insurance

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