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One or more photo(s) has been virtually staged. ** Duplex For Sale in the Wedgefield Golf Community in Orlando! ** FHA Loan Eligible - Only 3. 5% Down**
2625 + 2627 Albion Ave. Each unit is a 3 Bedroom • 2 Bath • 1584 SqFt • 2 Car Garage for a total of 6 Bedrooms • 4 Baths • 3168 SqFt • 4 Car Garage.
This is an excellent opportunity for strategic investors looking to maximize returns. Rent out both units for consistent income or implement a house hacking strategy—live in one unit while leasing the other, generating an income stream that offsets your mortgage. This is also perfect for two families that want to live together but have separate spaces. There are so many possibilities with this duplex!
The duplex was built in 2006 and sits on just under a quarter acre, this duplex also features a durable clay tile roof with a projected lifespan of 50+ years which was recently cleaned and maintained for optimum condition. Unit 2625 was recently updated with a new water heater and fresh paint inside. Both Units have Identical Floor plans but are reversed. There are no Carpets in either unit. All tile floors throughout. Both units’ kitchens have 42” cabinets with crown molding.
Unit 2627 is currently tenant-occupied on a Month to Month lease. Unit 2625 is Currently Vacant and ready to move in or place a tenant.
Great Location in the Highly Desirable Wedgefield Neighborhood! The property is a short walk or golf cart ride to the Wedgefield Golf Country Club where there's a Full 18 Hole Golf Course, Driving Range, Bar & Grille. Or walk down the street to Wedgefield Park where they have Basketball Courts, Pickleball, Baseball, Soccer Fields, Volleyball, Skate Park, Dog Parks, Playground, and Swings. Perfect for families with an active lifestyle!
Publix and other groceries, restaurants, and shopping within 10-15 mins. 20-30 Mins to Main Areas like Downtown Orlando, Orlando International Airport, Lake Nona, and Cape Canaveral. 40-50 Mins to all the Major Theme Parks like Disney and Universal. Major Beaches like Cocoa Beach or New Smyrna are 40-50 Mins away.
Capitalize on this versatile property—make it your next investment or even your residence. Schedule a private showing today and step towards your next successful real estate venture!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $511,999 | $511,999 | $511,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $684 | $684 | $684 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,194 | $3,363 | $4,286 |
Total Monthly Payment | $3,970 | $4,139 | $5,062 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.