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Key Details
Sold Price $297,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,265 sqft
Price per Sqft $131
Subdivision Wildmere
MLS Listing ID O5893734
Sold Date 10/19/20
HOA Y/N No
Year Built 1969
Annual Tax Amount $3,153
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 125x125
Property Description
Duplex in desirable Longwood on a large lot. Each unit has 3 bedrooms, 2 full baths and 1,130 heated square feet! Great duplex with so many opportunities. Live in one unit and either lease or Airbnb the other unit to pay your mortgage. Or just lease both sides and generate income. Duplex has a brand new roof with architectural shingles and two brand new air conditioners. One unit was recently rejuvenated with a new kitchen and new bathrooms. Other unit has tenants that have been there for 12 years and it has not been rehabbed although everything is in good condition. Both units have the same tile throughout. Both units are occupied by long term tenants that are currently month to month and would like to stay. They pay their rent on time, are friendly, and are excellent house keepers. Both units are currently below market rent which should be at least $1,400 a month. (There is currently not one 3/2 listed on Zillow in Altamonte Springs or Longwood for less than $1,400.) The three year tenant pays $1100 and the 12 year tenant pays $865 and the . Both units are city water. One unit is city sewer and the other is septic. Was going to connect to city sewer the first time that the septic had an issue but in 16 years of ownership the septic has never had an issue. Lot is large at 1/3 a acre (125 feet by 125 feet) and has nice grass. There is a privacy fence that runs along the full 125 feet along the back. Third bedroom has a wall to wall closet that contains the W/D hookups and Water heater in 1/2 of the closet. Zoned multi-family with separate water and electric meters. Everything is totally separate.
Location
State FL
County Seminole
Community Wildmere
Zoning MDU
Interior
Heating Electric
Cooling Central Air
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
Exterior
Exterior Feature Other
Utilities Available Electricity Connected, Public, Sewer Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer, Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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