Active

$400,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2246 sq ft
Overview
  • ID: MFRO6222143
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2246 sq ft
Property Details
Remarks
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
Financial Considerations
Price:
$400,000
HOA Fee:
N/A
Tax Amount:
$4843.14
Price per SqFt:
$178.09
Tax Legal Description:
S 1/2 OF LOT 23 & ALL LOT 24 BLK 7 1ST ADD LAKE VIEW PB 4 PG 73
Exterior Features
Lot Size:
9900
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central, Electric, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1984
Construction Type:
Vinyl Siding, Wood Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Private Mailbox, Sidewalk, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    150 VAN BUREN AVE
Contact a Professional
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