Excellent opportunity to purchase a multi-family property under market value! Full duplex on a large corner lot in Lake Mary. The larger unit is a 3 bedroom with 2 full baths, completely renovated throughout including a new kitchen and baths, solid wood cabinets, quartz countertops, and stainless steel appliances. This unit had the AC and windows replaced in 2019, a new water heater in 2021, and a full-size two-car garage with laundry. The smaller unit has 2 bedrooms with 2 full baths, a private entrance off 4th street, an indoor laundry closet, a screened enclosure, and a large carport. The flooring in both units was replaced with luxury vinyl plank in 2019 and the Roof was replaced in 2018. Market rent for the larger 3/2 side is approximately $2,400 per month and the market rate for the smaller 2/2 side is approximately $1,800 per month. Separate electrical meters and separate water meters. Two separate septic systems were both replaced in 2021. THE 3/2 SIDE IS LEASED AT $2,100 PER MONTH UNTIL 3/31/25 AND THE 2/2 SIDE IS LEASED AT $0 UNTIL 3/8/29 (without rent...this is not a typo :) . Call for details. Real Estate Taxes 2023 are $4,843 Hazard Insurance approximately $2,350
MLS# | O6222143 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 1984 |
Days On Site | 94 |
Listing Provided By | SLOANE REALTY, LLC | Matt White |
SQ Feet | 2,246 |
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Garage | 2 |
Car Port | Yes |
Story(s) | 1 |
Units | 2 |
Zoning | R-2 |
Acreage | 0.23 |
State | FL |
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County | Seminole |
City | LAKE MARY |
Zip Code | 32746 |
Area | 32746 Lake Mary | Heathrow |
Community Name | LAKE VIEW 1ST ADD |
Listing VS Median (in LAKE VIEW 1ST ADD) | |
Price: $400,000 low | high Med: $400,000 SqFt: 2,246 low | high Med: 2,246 $ / SqFt: $178 low | high Med: $178 On Site: 94 low | high Med: 94.000000 |