2050 S Deleon AVE Save Request In-Person Tour Request Virtual Tour
Titusville,FL 32780
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,326 sqft
Price per Sqft $107
Subdivision Whispering Hills Country Club Ests Sec 3
MLS Listing ID 1056439
Bedrooms 4
Year Built 1987
Annual Tax Amount $3,493
Tax Year 2023
Lot Size 10,454 Sqft
Property Sub-Type Duplex
Property Description
Turnkey Duplex with Strong Rental History
Discover a well-maintained income-producing duplex located on DeLeon Street, perfect for both seasoned investors and those looking to start their real estate portfolio. With a calculated 5% cap rate based on a $250,000 purchase price, this property offers a solid return in today's market.
Each side of the duplex is currently rented, generating $1,825 in total monthly income ($815 and $1,010). The property's low monthly expenses - including approximately $290 for insurance, $285 for property taxes, $150 for management, and $100 for lawn care - help ensure steady cash flow and a hassle-free investment.
This duplex has been thoughtfully maintained over the years with major upgrades already completed, including a 2017 dimensional shingle roof, two newer hot water heaters (2016 and 2024), and two updated AC units (2019 and 2021). The home is protected by a current termite bond with Stark Exterminators.
Location
State FL
County Brevard
Area 103 - Titusville Garden - Sr50
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Vinyl
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Building
Story 1
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Apollo
High Schools Titusville
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1056439