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Listing 17 out of 43
$348,000 For Sale

1021 E Livingston Street
Orlando, FL 32803

2 units | Multi Family Home
8712 sq ft - MLS# O5731531
Property Photo
1/13

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-$2000 in a updated state. The upstairs apartment although not as large as the downstairs is renting for $900 but has no active issues.

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex
  • Listing Status: Active
  • County/Area: Orange County
  • Zip Code: 32803
  • Year Built: 1948
  • Subdivision/Neighborhood: W A Shelbys Add
  • Sq.Ft.: 1,516 sq ft
  • Style: Duplex (Multi-Family)
  • Units: 2 units
  • Lot Size: 8712 sq ft
  • Zoning: R-2B/T/HP
  • Additional Rooms: Storage Rooms
  • Annual Net Income: 23880.00
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Carport Spaces: 2
  • Carport YN: Yes
  • Construction Materials: Block
  • Cooling: Central Air, Wall/Window Unit(s)
  • Country: US
  • Heating: Central
  • Interior Features: Solid Surface Counters
  • Lot Dimensions: 65x137
  • Lot Features: Historic District
  • Lot Size Square Feet: 8883
  • Parcel Number: 25-22-29-7964-03-043
  • Parking Features: Covered
  • Roof: Shingle
  • Tax Year: 2017
  • Total Acreage: Up to 10889 Sq. Ft.
  • Total Num Buildings: 1
  • Township: 22
  • Unit Count: 2
  • Utilities: Electricity Connected
Courtesy of Blue Lighthouse Realty Inc

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