150 VAN BUREN AVE Active Save Request In-Person Tour Request Virtual Tour
Lake Mary,FL 32746
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,246 sqft
Price per Sqft $178
Subdivision Lake View 1St Add
MLS Listing ID O6222143
Year Built 1984
Annual Tax Amount $4,843
Lot Size 10,018 Sqft
Property Description
Excellent opportunity to purchase a multi-family property under market value! Full duplex on a large corner lot in Lake Mary. The larger unit is a 3 bedroom with 2 full baths, completely renovated throughout including a new kitchen and baths, solid wood cabinets, quartz countertops, and stainless steel appliances. This unit had the AC and windows replaced in 2019, a new water heater in 2021, and a full-size two-car garage with laundry. The smaller unit has 2 bedrooms with 2 full baths, a private entrance off 4th street, an indoor laundry closet, a screened enclosure, and a large carport. The flooring in both units was replaced with luxury vinyl plank in 2019 and the Roof was replaced in 2018. Market rent for the larger 3/2 side is approximately $2,400 per month and the market rate for the smaller 2/2 side is approximately $1,800 per month. Separate electrical meters and separate water meters. Two separate septic systems were both replaced in 2021. THE 3/2 SIDE IS LEASED AT $2,100 PER MONTH UNTIL 3/31/25 AND THE 2/2 SIDE IS LEASED AT $0 UNTIL 3/8/29 (without rent...this is not a typo :) . Call for details. Real Estate Taxes 2023 are $4,843 Hazard Insurance approximately $2,350
Location
State FL
County Seminole
Community Lake View 1St Add
Zoning R-2
Interior
Heating Central,Electric,Wall Units / Window Unit
Cooling Central Air,Wall/Window Unit(s)
Fireplaces Type Living Room,Primary Bedroom,Wood Burning
Laundry In Garage
Exterior
Exterior Feature Fence,Private Mailbox,Sidewalk,Sliding Doors
Garage Spaces 2.0
Utilities Available Electricity Connected,Public
Waterfront false
Roof Type Shingle
Building
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding,Wood Frame
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None