Ed Artico - Coldwell Banker Ackley
602 Lake Avenue
ORLANDO, FL 32801

Description

Two downtown lakefront homes for the price of one! Ideal situation for investor or even investor who wants to live on one side and earn income from the other side. This beautiful home on large corner lot has two homes (each with separate address) under one parcel ID. Each home has its own meter and a/c and address. The detached 3 car garage has already been divided to give privacy to both tenants, and each garage has its own washer/dryer hookup. The main home has a large living room with authentic wood floors & a wood burning fireplace, stunning details such as casing around all of the windows, gorgeous built-ins, & crown molding. Enter the sunroom for great views, then the dining room,& the kitchen with small eating area, ss appliances,& granite counters. Also located on this first level is a powder bath. Upstairs the huge master bedroom has a separate small room (bedrm 2) which would be the perfect den/nursery/etc. There is also another good sized bedrm (bedrm 3) and bath upstairs. The 2nd house has its own entry & screened porch,living room with a 2nd fireplace,dining rm, kitchen,powder bath, & 2 beds/1 bath. 3 decorative balconies add to the home's charm. The location is ideal, and possibilities exist for using this home to gain income and also potentially convert to one large home if you desire in the future. Owner had the main home rented for $2200 per month and we estimate the 2nd house could have rented for $1800 per month.

Details

MLS#O5558213
Sub-TypeResale
StatusActive
Year1936
Days On Site330

Features

SQ Feet3,011
Units2
Building(s)1
Property ViewYes

Market Activity 32801

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32801
Area32801 - Orlando
Listing VS Median (in 32801)
Price:
$650,000
low | high
Med:
$186,500
100% of Average
SqFt:
3,011
low | high
Med:
1,085
100% of Average
$ / SqFt:
$216
low | high
Med:
$172
70.375540588444% of Average
On Site:
330
low | high
Med:
85
100% of Average
Listing Updated: 12/17/2018
MLS Number: O5558213
Listing Provided By:
Marcia Castro Socas  of  Castro Realty Group

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