This rare duplex in the sought-after Lake Eola Heights historic neighborhood features two 1-bedroom, 1-bathroom units, each equipped with newly installed split AC units for modern comfort. The first unit has been completely renovated, boasting new floors and a fully remodeled kitchen, ready for immediate occupancy or personal use. The second unit is tenant-occupied at $1,750 a month, offering a steady income stream—an ideal scenario for investors looking to break into this desirable area. The property also includes a spacious backyard with a 2-car carport and ample room for additional parking or the potential to build an Accessory Dwelling Unit (ADU), adding even more value to this investment. Opportunities like this in Lake Eola Heights are rare and won’t last long, so call now to schedule your appointment to view this exceptional property!
Ceiling Fan(s), Living Room/Dining Room Combo, Solid Surface Counters
Flooring: Luxury Vinyl
Has fireplace: No
Interior area
Total structure area: 1,996
Total interior livable area: 1,359 sqft
Property
Parking
Total spaces: 2
Parking features: Carport
Carport spaces: 2
Features
Exterior features: Sidewalk
Lot
Size: 6,882 Square Feet
Features: Historic District
Details
Parcel number: 252229588002020
Zoning: R-2B/T/HP
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Materials
Block, Concrete
Foundation: Slab
Roof: Shingle
Condition
New construction: No
Year built: 1950
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
Pet fee: $0 monthly
Subdivision: NATHAN'S REVISED SUB
HOA
Has HOA: No
Location
Region: Orlando
Financial & listing details
Price per square foot: $514/sqft
Tax assessed value: $398,210
Annual tax amount: $6,856
Date on market: 8/21/2024
Cumulative days on market: 573 days
Listing terms: Cash,Conventional,Trade,VA Loan
Ownership: Fee Simple
Lease term: >6 Months <12
Total actual rent: 3500
Tenant pays: Electricity, Sewer, Trash Collection, Water
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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