420 & 422 Alabama Ave., St. Cloud, FL 34769

Excellent Investment Opportunity with excellent Long Term tenants ideally located within a few steps of the popular Multi-Million Dollar St Cloud Lakefront Recreational Park. This well maintained duplex of 2- 2 bed/ 1 bath units boasts one tenant who has been there since 2017 that pays a month ahead an under market rent of $1050 . Current lease expires in April 2022. Possible opportunity to increase current discounted rent at that time. Other tenant since Sept 2020 and lease expires September 2022 at $1250 a month. Property features oversized 150 ft treed lot with vehicular access lane in the rear ,appliances including one washer & both dryers ,12 yr old roof, a 6yr old A/C , 5 & 8 yr old water heaters and exterior storage closets. Owner's Storage Shed in back yard. Pictures of vacant unit is Unit#422 that were taken when it was remodeled and updated in Sept 2020 prior to the current tenant taking occupany. Other pictures are of unit# 420 remodeled a few years before. Purchase and enjoy an excellent and immediate income at a Cap Rate very close to 7%. Call Today!