$640,000
$650,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1002 E MARKS ST Orlando, FL 32803
1,440 SqFt
Key Details
Sold Price $640,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $444
Subdivision Overstreet Oak Hill Sub
MLS Listing ID O6022743
Sold Date 06/16/22
Construction Status Inspections
HOA Y/N No
Year Built 1949
Annual Tax Amount $5,847
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 75X107
Property Description
MULTIPLE OFFERS!! BRING HIGHEST AND BEST! PRIME LOCATION! This is your chance to own a beautifully done duplex located on a quaint brick paver street in the in-demand area of Park Lake/Lake Highland neighborhood. This light and bright concrete block duplex is zoned multifamily and currently set up as 2- 2bedrooms, 1 bath units on a large corner lot plus two- single car garages and an extra-long driveway for parking and storage. Additionally, the property has a private, enclosed outdoor area perfect for a hot tub, grilling, dining or outdoor entertainment. Property was recently professionally painted and landscaped (2022), a 2018 roof and new insulation in 2019 for energy efficiency. Both units are currently leased and producing income ($3,400/month). Owner has rents low but these units rent easily and can probably be increased. Just four blocks from prestigious Lake Highland Preparatory School, and convenient to the Orlando Urban Bike Trail, downtown, the Ivanhoe Village, Thornton Park, the Milk District, Loch Haven Park, the Science Center, Advent Health Hospital, the Amway Center, Orlando City Stadium, Dr. Phillips Performing Arts Center, Winter Park Shopping District and numerous bars and restaurants. Unit A is fully furnished and will be sold with furnishings. Previously was a successful, turn-key short term rental property with a nautical theme. Unit B is rented on a long-term basis. Live in one side and rent the other, keep as long term rentals or if applicable, consider a short term rental opportunity. So many possibilities with this property - great income potential in a very desirable neighborhood surrounded by gorgeous homes showcasing pride of ownership. Take a look quick, it will not last long!
Location
State FL
County Orange
Community Overstreet Oak Hill Sub
Zoning R-2A/T
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Thermostat
Heating Central
Cooling Central Air
Flooring Tile, Wood
Furnishings Partially
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Refrigerator
Exterior
Exterior Feature Fence, Sidewalk
Garage Driveway
Garage Spaces 2.0
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Water Connected
Roof Type Shingle
Porch Front Porch, Rear Porch
Attached Garage false
Garage true
Private Pool No
Building
Lot Description Street Brick
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Schools
Middle Schools Audubon Park K-8
High Schools Edgewater High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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