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Key Details
Sold Price $601,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,616 sqft
Price per Sqft $371
Subdivision Overstreet Oak Hill Sub
MLS Listing ID O6228627
Sold Date 08/26/24
Bedrooms 4
Full Baths 2
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1967
Annual Tax Amount $6,661
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Beautiful 2/1 Duplex in the highly sought-after Lake Highland neighborhood. This duplex home is an exceptional find, offering the flexibility to either move into the rear unit (830) as a primary home or generate rental income from both units. This is perfect for the savvy investor or homeowner seeking a lucrative, stable long-term investment, or the perfect duplex arrangement where you can live on one side and rent out the other. Market rent potential is powerful for this neighborhood and has a lot of upside left to capture It could be perfect for an Investor needing a 1031 Exchange. Investor Income is $43,200 per year, which is below market for 32803. NO HOA. The new roof in 2023 has blown-in insulation, water barrier underlayment, a wind mitigation report, and a solar-powered ventilation fan to keep your tenants comfortable. A home warranty is included for the buyer’s peace of mind. Freshly painted in 2022, the slab foundation has terrazzo under the wood laminate, ceiling fans, window blinds, and central HVAC. Both units have inside laundry washers & dryers. Each unit is currently rented at $1800.00 per month for $43,200.00 annually. However, the rear unit (830) will be vacant in September and could be rented for $2000 per month or more. Close to popular restaurants and shopping in the Mills/50 district, hospital/medical services, and downtown. Information on the MLS/websites is intended to be accurate; however, cannot be guaranteed. Buyers and agents are advised to verify.
Location
State FL
County Orange
Community Overstreet Oak Hill Sub
Zoning R-2A/T
Rooms
Other Rooms Inside Utility
Interior
Interior Features Attic Fan, Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
Heating Electric, Heat Pump
Cooling Central Air
Flooring Carpet, Laminate, Terrazzo
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Laundry Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
Exterior Feature Rain Gutters, Sidewalk
Garage Common
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Waterfront false
Roof Type Shingle
Porch Rear Porch, Screened
Parking Type Common
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Ranch
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan
Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with DALTON WADE INC
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