530-532 PARK AVE, UMATILLA, FL, 32784
$375,000
Residential Income
Bedrooms
4
Bathrooms
2
Living Area
1,938 Sqft
Lot Size
11,000 Sqft
Excellent investment opportunity in the heart of Umatilla! This income-producing 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 Details
Property Features Property Features
MLS ID: MFRG5118259 Year Built: 1971
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Lake
Exterior Features: Private Yard Fireplace Features: Wood Burning
Foundation Details: Slab Heating: Central
Laundry Features: Laundry Room Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Occupant Type: Tenant Other Equipment: Private Yard
Possession: Close Of Escrow Property Sub Type: Duplex
Property Type: Residential Income Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Other
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected
Water Source: Public Window Features: Blinds
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