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Income-Producing Duplex Near SR-434 &US-17-92 737 E Church Ave 2 Unit Apartment Building $405,000 ($202,500/Unit) Longwood, FL 32750



Investment Highlights
- 2BR / 1.5BA per unit
- Rent growth potential
- Fully re-piped in 2019 with PEX plumbing
- No HOA
- Roof replaced in 2020
- Close to SunRail & I-4, Near US Hwy 17-92 & SR-434, Central Longwood location
Executive Summary
Income-Producing Duplex in the Heart of Longwood, FL! 3D Tour Available. 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.
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.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $405,000 | Building Class | B |
| Price Per Unit | $202,500 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 2,542 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1973 |
| Apartment Style | Single-Family Home |
| Price | $405,000 |
| Price Per Unit | $202,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 2,542 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Online Services
- Walk-Up
- Smoke Detector
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
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Income-Producing Duplex Near SR-434 &US-17-92 | 737 E Church Ave
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