614 N. Eola Dr | Historic Duplex For Sale $249,000 | Live and Own Downtown for $900/month!

Renovated Historic Duplex For Sale – $249,000
Thank you for inquiring about this charming historic duplex located in the Thornton Park / Lake Eola Heights Downtown Orlando. The duplex has 2 separate 1-bedroom residential units each featuring beautifully refinished hardwood floors throughout, separately metered electricity, separately controlled central air and heat, 10 full-sized windows (in each unit), living room, eat-in-kitchen with granite, real wood cabinets, and full-size frost-free refrigerators. Each apartment has a remodeled bathroom with tub-shower combination. There are utility rooms with washer dryer hook-ups that are used as large walk-in closets or laundry rooms.
The duplex is only 4 blocks from beautiful Lake Eola park and Downtown Orlando nightlife. Drive-by permitted, but please do not disturb tenants. The lot size is 75′ wide x 71′ deep, zoned R2B-T/HP.
Comparables:
•  500 E. Amelia St | 3-bed/1-bath | 1728 sf | 2 blocks to the south | SOLD for $275,000 as of May 2011
•  1011 E. Harwood St | 3-bed/2-bath | 1252 sf | 3 blocks to the south | SOLD for $265,000 as of Oct 2010
• 715 N. Livingston Street | 3-bed/1-bath | 1250 sf | 2 blocks to the south | SOLD for $300,000 on Jan 2010
http://www.zillow.com/homedetails/715-E-Livingston-St-Orlando-FL-32803/46196053_zpid/
• 508 N. Hyer Avenue | 3-bed/2-bath  800 sf | 2 blocks to the east | SOLD for $224,000 on Sept 2009
http://www.zillow.com/homedetails/508-N-Hyer-Ave-Orlando-FL-32803/46196021_zpid/
Multiple reasons to buy this unique property:
  • LOCATION: Thornton Park / Lake Eola Heights Historic Neighborhood, walk to restaurants, grocery stores, retail, and night life in minutes, quiet brick street, within minutes of Interstate 4 & Toll Road 408.
  • VALUE: I am the owner and also a real estate professional and frequently compare my properties with others in the area. I cannot find a similar property with these features for less.
  • OPTIONS: This property can be used as is with the owner living on one side and generating $900 or more from the other side! Also, it can be easily converted to a 3/2 historic home on a great quiet street.

Permanent link to this article: http://floridalandgroup.com/buy/details/614eola

Site last updated February 14, 2012 @ 1:59 pm; This content last updated September 2, 2011 @ 3:57 pm