$348,500
$365,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
5431 OLD CHENEY HWY Orlando, FL 32807
1,483 SqFt
Key Details
Sold Price $348,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,483 sqft
Price per Sqft $234
Subdivision Ponce De Leon
MLS Listing ID O5979286
Sold Date 01/06/22
Construction Status Inspections
HOA Y/N No
Year Built 1948
Annual Tax Amount $1,999
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 100x125
Property Description
INVESTOR'S OPPORTUNITY - THREE UNITS (2 buildings) on a DOUBLE LOT - Super income of over $34,000 a year with potential to grow!!!
These TWO BUILDINGS sit on a DOUBLE LOT - 5427 Old Cheney & 5431 Old Cheney (Tax recorded has 5431 Old Cheney address for both buildings).
BUILDING ON LEFT is 5427 and is a 1BE/1BA home / Tenant is renting MONTH TO MONTH at $270 a week - Tile flooring - older kitchen and bath - with Central AC. BUILDING ON RIGHT has 2BE/1BA plus an EFFICIENCY apartment. - all with separate entryways: The 1BE/1BA getting $800 a month for rent; and the EFFICIENCY UNIT receiving $200 a week rent - month to month. All units have older kitchens & baths and tile or wood flooring with CENTRAL AC. Both buildings are BLOCK Construction. There is a Shed in backyard and storage closet with potential to add washer and dryer on premises. Septic and drainfield are in backyard and were drained certified 1 year ago. Yard is Fenced all around. Room for cosmetic improvements if you desire more rental income. Tenants wish to stay or can vacate with 60 day notice....month to month. Room sizes and square footage are deemed to be correct but must to be verified by buyer. DO NOT DISTURB TENANTS!!! Make appointment with agent.
Location
State FL
County Orange
Community Ponce De Leon
Zoning R-2
Interior
Interior Features Eat-in Kitchen
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Fence
Utilities Available Electricity Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with CONWAY REALTY CORP
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