$395,000

8 W Par Street

ORLANDO FL, 32804

Description

Remarkable investment opportunity to live in desirable college park for free or as a cash flowing rental property. Currently rented as 2 units with gross rents of $2800 per month. Options to rent as three units or do minor improvements in main house to increase rents. The main house is a 3/2 with great rooms and solid floor plan. Enter through the side door and see the big bedrooms and spacious living area. Nice big eat in kitchen too. Attached to main house is a separate 1/1 mother in law is completely contained for the occupant to enjoy their own privacy. Includes a small kitchen set up as well. The main house has a roof and HVAC system that were replaced in 2013 along with other recent updates. The backyard has a detached completely updated 1/1 mini suite for another tenant or family member. It was completely gutted to studs in 2016 and has new plumbing, electrical, roof, HVAC, appliances, kitchen, flooring, bathroom etc. There is also a big storage shed that is shared with extra on site laundry. A smaller yard makes it easy maintain, but perfect for the owner that wants to rent these units for a positive cash flow or remodel the main house, live in it and collect rental income, r utilizing it as 3 rentals. It also works great as a house w/ a mother in law rental, & the detached rental in the back. Dubsdread golf course right across the street. Easy show, bring your buyers that need to see a great rental property in a very desirable College Park neighborhood.

Details

MLS#O5798999
Sub-TypeResale
StatusActive
Year1935
Days On Site68

Features

SQ Feet2,478
Units3
Building(s)3
Property ViewYes

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32804
Area32804 - Orlando/College Park
Listing VS Median (in 32804)
Price:
$395,000
low | high
Med:
$359,000
59.113924050633% of Average
SqFt:
2,478
low | high
Med:
1,302
97.457627118644% of Average
$ / SqFt:
$159
low | high
Med:
$276
22.976725193957% of Average
On Site:
68
low | high
Med:
32
100% of Average
Listing Updated: 09/20/2019
MLS Number: O5798999
Listing Provided By:
Bethanne Baer  of  BEAR TEAM REAL ESTATE

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