Orlando, FL 32803,447 N SHINE AVE
Orlando, FL 32803,447 N SHINE AVE
Orlando, FL 32803,447 N SHINE AVE
Orlando, FL 32803,447 N SHINE AVE
Orlando, FL 32803,447 N SHINE AVE
Orlando, FL 32803,447 N SHINE AVE
See all 9 photos

$807,654

$807,654

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

4 Baths

2,578 SqFt


SOLD DATE : 01/16/2019

Key Details

Sold Price $807,654

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,578 sqft

Price per Sqft $313

Subdivision Smedleys Rep

MLS Listing ID O5757644

Sold Date 01/16/19

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1925

Annual Tax Amount $6,426

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

SOLD DATA ENTRY ONLY: Own a piece of Orlando history & generate EXCELLENT income at the same time! BEAUTIFUL 1925 Spanish Colonial 4-PLEX located in DOWNTOWN Orlando. Highly sought after location. Only a short stroll to everything downtown has to offer! Situated on a large corner lot, this very rare, income producing property is located right across the street from the downtown Orlando YMCA. Property is comprised of 3 completely separate buildings containing 4 individual rental units. There are 2 completely separate 2 bed/1 bath original 1925 homes plus another separate building with 2 additional 1 bed/1 bath apartments. Each unit has its own PRIVATE outdoor space - a very rare find in small, multi-unit rental properties! There is on-site & off-site parking & no HOA. No detail was missed when this property was renovated. A few of the upgrades include: granite counter-tops, travertine floors, high-end stainless steel appliances, on-demand hot water heaters, double-pane energy efficient windows. Current annual income: $65,400. The 2 apts are $100/month below market value & will increase on October 1st, increasing annual income to: $67,800. All units receive multiple applications the same day the 'For Rent' ad hits Zillow & Craig?s List. PLEASE NOTE: Because this property only has 4 units, it can be financed using a standard, residential mortgage loan! No need for a complicated, commercial loan with high rates, prepayment penalties & short repayment terms.

Location

State FL

County Orange

Community Smedleys Rep

Zoning R-2A/T/HP

Interior

Interior Features Ceiling Fans(s), Crown Molding

Heating Central

Cooling Central Air, Mini-Split Unit(s)

Flooring Tile, Travertine, Wood

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Washer

Exterior

Exterior Feature Fence, French Doors, Irrigation System, Storage

Utilities Available Cable Available, Electricity Available, Sewer Connected

Roof Type Built-Up,Membrane

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range Up to 10,889 Sq. Ft.

Sewer Public Sewer

Water Public

Structure Type Stucco,Wood Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by MAINFRAME REAL ESTATE
Bought with COLDWELL BANKER RESIDENTIAL RE
agent-avatar

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message