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1618 Roosevelt Ave, Orlando, FL 32804

$407,000

  • Sold
  • Closed
  • Multi-Family
  • 0.4 Acres
1618 Roosevelt Ave, Orlando, FL 32804View this property at 1618 Roosevelt Ave, Orlando, FL 32804
1618 Roosevelt AveOrlandoFL32804

Map & Location

Street View

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 Detailsfor 1618 Roosevelt Ave

General

  • Sold For: $407,000
  • Taxes: $4,511 (2014)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: O5367124
  • Added: 1, 137 day(s) ago

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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Schools

Schoolsserving 1618 Roosevelt Ave

School District:Orange County School District
School Name
Grades
Distance
Lake Silver Elementary School
1500 Falcon Dr, Orlando, FL 32803
PK-5
0.3 mi
Cornerstone Charter Academy K-8
5903 Randolph Avenue, Belle Isle, FL 32809
K-8
7.6 mi
College Park Middle School
1201 Maury Rd, Orlando, FL 32804
0.6 mi
Edgewater High School
3100 Edgewater Dr, Orlando, FL 32804
9-12
0.8 mi
Cornerstone Charter Academy High School
5903 Randolph Ave, Belle Isle, FL 32809
9-12
7.6 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 1618 Roosevelt Ave

Date
Details
Price
Change
Source
10/02/2015
Sold
$407,000
-5.13%
MLS
5/15/2015
Listed
$429,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 1618 Roosevelt Ave

Listed by Parkland International Realty
Sold by Cottage Realty Inc

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.