Courtesy: COAST TO COAST REAL ESTATE PRO
352-296-8930
Excellent investment opportunity in the heart of Umatilla! This income-producing duplex 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.
Courtesy: LA ROSA REALTY CW PROPERTIES L
407-910-2168
**TRIPLEX $60,000+ POTENTIAL ANNUAL INCOME HOUSE-HACKING OPPORTUNITY** Great investment opportunity in Umatilla! This versatile **triplex** offers the potential for **over $60,000 in annual gross rental income**, while also providing an excellent opportunity for an owner-occupant to house hack. The property features **three separate units**, creating multiple income streams under one roof. The **1-bedroom unit can be delivered vacant**, allowing the new owner to move in and live on-site while renting the other two units to help offset their mortgage and expenses. For investors, the property offers the potential to generate **$60,000+ in gross annual rental income**. For owner-occupants, the ability to occupy the 1-bedroom unit while collecting rent from the other units creates an attractive path toward significantly reducing the cost of homeownership. Located in Umatilla, this property offers a convenient residential setting with easy access to local shopping, dining, schools, parks, and surrounding Lake County communities. **Three units. Multiple income streams. $60,000+ potential gross income. And the flexibility to house hack.** Whether you're looking to expand your rental portfolio or live in one unit while the property helps pay for itself, **16025 Wallace St is an opportunity you won't want to miss.**
Courtesy: LPT REALTY, LLC
877-366-2213
Exceptional investment! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking. providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.
Courtesy: RLW REALTY
352-771-2560
Lake-view duplex in Umatilla with income in place. It has two 2BR/2BA units with separate utilities, both tenant-occupied and professionally managed, and reported annual income of about 27K. Recent updates have addressed the major capital items. The property was previously run as a furnished short-term rental, so it can work as a long-term rental or a furnished mid-term rental. Block construction, tile and laminate floors, central air, and views of Lake Enola. Flood zone AE, so buyers should get an insurance quote early. The sale requires a lot split, which the City of Umatilla supports, so final lot dimensions and taxes are estimates. The lakefront home next door is also for sale, and buying both avoids the split. Close to downtown Umatilla and SR 19.
Umatilla is located in Florida. Umatilla, Florida has a population of 3,646. Umatilla is less family-centric than the surrounding county with 14.29% of the households containing married families with children. The county average for households married with children is 23.98%.
The median household income in Umatilla, Florida is $59,141. The median household income for the surrounding county is $60,013 compared to the national median of $69,021. The median age of people living in Umatilla is 62.6 years.
The average high temperature in July is 91.6 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 51.1 inches per year, with 0 inches of snow per year.
