Charming Duplex With Two
1 W PRINCETON STREET Orlando, FL 32804
For Sale
$469,999
Pending
Two-unit duplex with a new roof and updated hot water heater, offering multiple rental living options.
Property Size1,724 SF
Days on Market509
Property Features for 1 W PRINCETON STREET
General Information
- Standard status
- Pending
- Size
- 1,724 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1951
Listing Agency:
GREEN HOUSE REALTY INC
(321) 352-7129
Listed By:
Joshua Cooper · License #3165403
(321) 352-7129
Source:
Exitrealty
Added: Mar 2, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GREEN HOUSE REALTY INC
Investment Insights
Based on property information with market context.
This duplex features two separate units within a single property, providing flexible use for an owner-occupant or rental arrangement for both units. The home is reported to be in great condition, with a new roof installed in 2020, a new hot water heater added in 2023, and A/C dated 2018.
The property is listed for sale at 1 W Princeton Street in Orlando, FL 32804.
With two units on site and recent key mechanical and exterior updates, the duplex is positioned for immediate occupancy or tenant use.
The property is listed for sale at 1 W Princeton Street in Orlando, FL 32804.
With two units on site and recent key mechanical and exterior updates, the duplex is positioned for immediate occupancy or tenant use.
Key Highlights
- Duplex built in 1951 with two units for live‑in or rental options
- New roof installed in 2020
- New hot water heater installed in 2023
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.2k | $21.60 |
| − Vacancy | −$2.3k | −$1.33 |
| EGI | $34.9k | $20.27 |
| − OpEx | −$10.5k | −$6.08 |
| NOI | $24.5k | $14.19 |
1,724 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$349.4K
$305.7K – $407.7K
NOI $24,459 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$319.2K
$279.3K – $372.4K
NOI $22,341 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$555.4K
$485.9K – $647.9K
NOI $38,875 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with a new roof and updated hot water heater, offering multiple rental living options.
Where is this duplex located?
The property is located at 1 W PRINCETON STREET Orlando, FL.
What is the asking price?
The asking price for this property is $469,999.
What are key features of this property?
This property features: Duplex built in 1951 with two units for live‑in or rental options; New roof installed in 2020; New hot water heater installed in 2023
