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1021 E LIVINGSTON ST Orlando, FL 32803
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Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,516 sqft
Price per Sqft $217
Subdivision W A Shelbys Add
MLS Listing ID O5731531
Sold Date 04/26/19
HOA Y/N No
Year Built 1948
Annual Tax Amount $4,591
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 65x137
Property Sub-Type Duplex
Property Description
Rare Investment Opportunity - acquire an income producing duplex in a highly desirable location. Walk to Lake Eola and Thornton Park. Duplex has 700 SF 1/1 upstairs with hardwood floors. The first floor apartment is a very large (1000sqf) open floor plan one bedroom apartment converted from a two bedroom with central AC
The property is currently 100% occupied. Month-to-month leases are in place. Ready for significant increases post renovation needs. Property is priced under appraised value! Apartments are a short stroll to restaurants, bars and shopping. Located downtown with easy access to all major highways. The charming brick paved streets will give you a sense of class and tranquility. Use as an investment or build a dream home(s) of your own. Currently zoned as Multifamily R-2B/T/HP. This home is in the heart of the historic district with all it's charm, and yet, it has been determined by the City that it is a non-contributing structure. Which means, you can renovate to your liking or tear it down.
House has a rood leak, and carport roof needs to be replaced and other updates are needed. It is priced with these issues in mind.
Tenant downstairs rental rate is only $995 and this size apartment should rent for around $1500-$2,000 in a updated state.
The upstairs apartment, although not as large as the downstairs, is renting for $900 but has no active issues.
Location
State FL
County Orange
Community W A Shelbys Add
Zoning R-2B/T/HP
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Solid Surface Counters
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Exterior
Exterior Feature Other
Parking Features Covered
Utilities Available Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Historic District
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with COLDWELL BANKER RESIDENTIAL RE