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1618 Roosevelt Ave, Orlando, FL 32804

$407,000

  • Sold
  • Closed
  • Multi-Family
  • 0.4 Acres
1618 Roosevelt Ave, Orlando, FL 32804 View this property at 1618 Roosevelt Ave, Orlando, FL 32804
1618 Roosevelt Ave Orlando FL 32804

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Property Description

Rare opportunity to own TWO DUPLEXES for a total of FOUR UNITS in desirable College Park. Minutes to Edgewater Drive, this quad-plex was immensely renovated in 2013. Renovations to both buildings included: new roof, new hot water heaters, exterior and interior paint throughout and more. All units are fully occupied, and all have 1 year leases signed. Rent has not been increased in two years. There is one efficiency that rents for $650 per month, two 2 bed/ 1 bath units that rent for $895 and $950 per month, and one 3 bed/1 bath that rents for $950 per month. 8.0% Cap rate! Terrific income producing property.

Full Property Details for 1618 Roosevelt Ave

  • Sold For: $407,000
  • Taxes: $4,511 (2014)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: O5367124
  • Added: 861 day(s) ago

Property History

  • 1618 Roosevelt Ave, Orlando, FL
  • Sold at $407,000 on 10/2/15
  • Listed at $429,000 on 5/15/15

Interior

  • Interior Features: Blinds/Shades, Ceiling Fan(S), Washer and Dryer Hookups
  • Fireplace: Yes
  • Appliances/Equip: Range, Refrigerator
  • Flooring: Laminate, Porcelain Tile, Wood

Exterior

  • Exterior Features: Patio/Porch/Deck Covered, Patio/Porch/Deck Open, Patio/Porch/Deck Screened

Parking

  • Carports: Yes
  • Parking Features: 2 Car Carport
  • Garage Description: Attached, Street Parking

Location

  • Area: Orlando/College Park
  • County: Orange
  • Township: 22
  • Subdivision: FAIRVILLA PARK
  • Driving Directions: I-4 to Princeton Exit. Go West on Princeton to right on Rio Grande to left on Roosevelt Ave.
  • Location Details: Close to Bus Line, In County, Lot - Oversized, Street Paved

Community

  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Central, Wall/Window Air Conditioning
  • Heating Type: Wall Units / Window Unit

Utilities

  • Utility Description: City Water, Septic

Structural Information

  • # Buildings: 2
  • Description/Design: 1 Level, 2 Levels, Four Units
  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Square Feet: 3,362
  • Sq. Ft. Source: Public Records
  • Year Built: 1945

Unit Information

  • Studio/Effic Units: 1
  • 2 Bed/1 Bath Units: 2
  • 3 Bed/1 Bath Units: 1

Lot Features

  • Lot Size (Acres): 0.4
  • Lot Size (Sq. Ft.): 17,619
  • Lot Size Range: 1/4 Acre to 21779 Sq. Ft.
  • Lot Dimensions: 100 x 177
  • Sidewalks: Yes
  • Zoning: R-2

Financial Considerations

  • Price Per Sq. Ft.: $127.6
  • Security Deposit: $4,095
  • Tax Amount: $4,511
  • Tax Year: 2014
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: FAIRVILLA PARK L/115 LOTS 20 & 21 BLK G
  • APN: 15-22-29-2652-07-200
  • Plat: L-115
  • Section: 15
  • Block: G
  • Lot: 20

Listed by Parkland International Realty
Sold by Cottage Realty Inc

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1618 Roosevelt Ave, Orlando, FL 32804 (MLS# O5367124) is a Multi-Family property that was sold at $407,000 on October 02, 2015. Want to learn more about 1618 Roosevelt Ave? Do you have questions about finding other Multi-Family real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

Listed by Parkland International Realty
Sold by Cottage Realty Inc

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