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31272360
31272348

737 E Church Ave, Longwood, FL 32750

AV
FL SL3531226
KW
SG
SL3302939
KW Commercial Orlando Central
Listed by KW, KW Commercial Orlando Central
$405,000
184 days on market
Updated 6 days ago

Income-Producing Duplex Near SR-434 & US-17-92 in Longwood

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 2,542
Units 2
Cap Rate 4.52%
NOI $18,295
Pro-Forma Cap Rate 6.01%
Pro-Forma NOI $24,350
Buildings 1
Stories 2
Acreage 0.170
Zoning Medium Density Residential 15

Multifamily | 4.52% CAP | 2 Units

Marketing description

Income-Producing Duplex in the Heart of Longwood, FL!

3D Tour Available on Zilow

Income-producing duplex ideally located in the heart of Longwood, near US Hwy 17-92 and SR-434, offering convenient access to shopping, restaurants, banks, supermarkets, SunRail, I-4, and major corridors.

Built in 1973 and well-maintained, the property features two units, each offering 2 bedrooms and 2 full bathrooms. No HOA! Both units are tenant-occupied with under-market rents, providing an attractive opportunity for future rent growth.

Unit 737 is currently rented for $1,350/month with a lease in place through July 31, 2026, and includes a new dishwasher installed in September 2025 and an A/C replaced in February 2023.

Unit 739 is currently rented for $1,300/month on a month-to-month basis, and includes a new A/C installed in April 2024 and a new stove installed in July 2025.

Tenants in both units are responsible for their electricity, water, cable, internet, and lawn maintenance. The roof was replaced in 2020, the property was fully re-piped in 2019 with PEX plumbing, and electrical wiring connections were repaired using AlumiConn connectors.

Excellent central location near everyday essentials, including Publix (2.5 miles, 6 minutes), CVS (1.1 miles, 5 minutes), and Starbucks (0.2 miles, 1 minute), and a variety of dining spots, local cafés, and takeout options. Distances and drive times are approximate.

Don’t miss this outstanding opportunity; the location offers the perfect blend of convenience and comfort. Schedule a showing today!

Note: Pro forma cap rate reflects projected rental income of $1,450/month per unit.

Investment highlights

  • 2BR / 2BA per unit

  • No HOA

  • Rent growth potential

  • Unit 737: $1,350/month | Lease thru 7/31/2026

  • Unit 739: $1,300/month | Month-to-month

  • Tenants pay for electricity, water, cable, internet, and lawn

  • Roof replaced in 2020

  • Fully re-piped in 2019 with PEX plumbing

  • Central Longwood location

  • Near US Hwy 17-92 & SR-434

  • Close to SunRail & I-4

Listing Contacts

AV
FL SL3531226
KW
SG
SL3302939
KW Commercial Orlando Central
Listed by KW, KW Commercial Orlando Central

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$18,295.00
$1,524.58/mo

Valuation Metrics

0
DSCR
4.52%
Cap Rate
4.52%
ROI

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Additional Information

Name
Ayesha Verma
License
SL3531226
Brokerage
Keller Williams Realty at the Parks
Title
Keller Williams
Brokerage Address
11 South Bumby Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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