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Key Details
Sold Price $695,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $216
Subdivision Oak Ridge
MLS Listing ID O6186138
Sold Date 05/30/24
Bedrooms 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $3,860
Lot Size 0.330 Acres
Acres 0.33
Property Description
Duplex—PLUS!!! If you are looking for an income-producing property with a potential excellent rate of return in sought-after Oviedo, this is it! 90 Vine Street is a 2 bedroom, 2 bath that currently has a tenant. The unit is framed for a 3 bedroom 2 bath as well. The third bedroom was opened up to make a second living area. The closet is still in place, and this could easily be turned back into a 3 bedroom, 2 bath. 80 Vine Street is a 3-bedroom, 2-bath unit that is currently unoccupied. Below 80 Vine Street is a beautiful permitted Mother-in-Law suite that has been completely redone. It is a two-bedroom, one-bath unit with a large open kitchen and living area. The second bedroom downstairs has a door that exits to the back courtyard. A plumbed bathroom could be completed to create an efficiency apartment that could also be rented or added to the Mother-in-Law space. The downstairs unit has beautiful new French doors overlooking the serene backyard. The entire duplex was re-plumbed in 2017. The electrical panel was updated in 2019. The floors for the entire duplex were redone in 2017 with vinyl laminate. The AC unit for 80 Vine Street was replaced in 2017. The downstairs unit has all new mini split units, new cabinets, countertops, and appliances. This amazing property is beautifully located on a street with high-end homes near the Seminole trail, great schools, the Oviedo library, and downtown Oviedo. It is close to the Oviedo Hospital, UCF, Seminole State College, and major shopping and restaurants. This unique property is nestled in a park-like setting with so many opportunities! Rent out all the units, or live downstairs and earn income from the Duplex above. There is a spacious two-car garage that could be flex space for rental income, storing toys and trailers, or a workshop. There is NO HOA! This is a very special and unique property and an income-producing opportunity for you! The current owner obtained a conventional loan, lives downstairs, and rented the duplex for income.
Location
State FL
County Seminole
Community Oak Ridge
Zoning R-2
Rooms
Other Rooms Interior In-Law Suite w/Private Entry
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo
Heating Central
Cooling Central Air, Mini-Split Unit(s)
Flooring Luxury Vinyl
Fireplace false
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Fence, French Doors, Private Mailbox, Sidewalk, Storage
Garage Spaces 2.0
Utilities Available BB/HS Internet Available, Electricity Connected
Waterfront false
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Lot Description City Limits, Paved
Foundation Basement
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block,Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COLDWELL BANKER REALTY