$395,000
$385,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
2,386 SqFt
SOLD DATE : 08/13/2021
Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,386 sqft
Price per Sqft $165
Subdivision Oak Arbor
MLS Listing ID O5955714
Sold Date 08/13/21
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1980
Annual Tax Amount $3,354
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 113x103
Property Description
Amazing income-producing property! Spacious duplex totaling 2,386 sqft sits on a quiet cul-de-sac in highly desirable Seminole County. Both sides completely remodeled in 2016. Each unit boasts granite countertops, stainless steel appliances, new cherrywood cabinets, bathroom fixtures, large windows, and tasteful tile throughout. Roof new in 2016. Fence and AC new in 2019. The property appraiser’s website is out of date since the remodel. The 1909 side (left unit) features 2 bedrooms/1 bath, with an additional storage room, 1-car garage, and separate laundry room which leads out to a privately fenced backyard. The 1913 side (right unit) is 3/2.5 with a split floor plan, 2 bedrooms and a full bath upstairs, and a master bedroom with an en suite full bathroom downstairs. Additional half-bath for guests in the front hall. This unit also showcases a separate laundry room, eat-in kitchen, matching blinds throughout, and a spacious living/dining room area leading out to a second, privately fenced backyard. Plenty of parking space. Both sides currently leased with excellent long-term tenants. 1909 unit leased through August 2022. 1913 unit lease will be up 30 September 2021, and tenants desire to renew the lease. Zero vacancies or late payments in 3 years of current ownership. No HOA fees. Well and septic. This must-see property is convenient to both Lake Mary and Longwood and situated less than 1 mile from Lake Mary High School and the Lake Mary YMCA. Units currently gross $30,240 annually with potential to produce much more. A rare turnkey investment property, priced to sell as is.
Location
State FL
County Seminole
Community Oak Arbor
Zoning R-2
Interior
Interior Features Ceiling Fans(s), Master Bedroom Main Floor, Vaulted Ceiling(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher, Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Fence, Sliding Doors
Garage Spaces 1.0
Utilities Available BB/HS Internet Available, Electricity Connected, Phone Available
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Block,Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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