2050 S Deleon Avenue, Titusville, FL 32780
Local realty services provided by:Better Homes and Gardens Real Estate Star
Listed by:joseph gibson
Office:rise realty services
MLS#:1056439
Source:FL_SPACE
Price summary
- Price:$250,000
- Price per sq. ft.:$107.48
About this home
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.
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Home facts
- Year built:1987
- Listing ID #:1056439
- Added:1 day(s) ago
Rooms and interior
- Bedrooms:4
- Living area:2,326 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1987
- Building area:2,326 sq. ft.
- Lot area:0.24 Acres
Schools
- High school:Titusville
- Middle school:Jackson
- Elementary school:Apollo
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$107.48
- Tax amount:$3,493 (2023)
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