703 MABBETTE STREET KISSIMMEE FL 34741 MLS #S5144597

Under contract-accepting backup offers. Located in the heart of the historic district of Kissimmee, this charming 1910 duplex blends timeless character with modern updates — a rare income-producing asset in one of Central Florida’s most desirable downtown corridors.
Each residence features 2 bedrooms and 1 bathroom and was fully renovated in 2022, combining updated interiors with preserved historic charm. Major capital improvements include a new roof (2022) and foundation reinforcement completed in 2025, significantly reducing near-term capital expenditure risk.
Currently leased at $1,500 monthly for each residence, the property presents immediate rental upside into the $1,525 to $1,550 monthly range without additional renovations. Based on current operating performance, the duplex demonstrates the potential for a strong and stable return, subject to buyer verification.
With improving interest rate conditions, the property may provide favorable income performance, even when considering insurance costs typically associated with historic properties.
This is not a speculative value-add opportunity — it is a stabilized asset in downtown Kissimmee positioned for long-term hold potential. Buyers seeking income stability may find this property well suited for a conservative investment strategy.
All financial figures and projections are estimates and should be independently verified by the buyer.
The adjacent lot is also available for purchase (S5144748). Pricing consideration may be extended to buyers acquiring both properties simultaneously. Please inquire for additional details.