80-90 Vine Street, Oviedo, FL 32765

$695,000
5
BD
3,216
SqFt
Sold Price
$695,000
List Price
$695,000
Status
Sold
Days on Market
30
Closing Date
May 30, 2024
MLS#
O6186138
Property Style
Duplex
Year Built
1981
Bedrooms
5
Living Area
3,216
Lot Size
14,430
Acres
0.33
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Oak Ridge
MLS Area Major
Oviedo

Property Description

Duplex—PLUS!!! If you are looking for an income-producing property with a potential excellent rate of return in sought-after Oviedo, this is it! 90 Vine Street is a 2 bedroom, 2 bath that currently has a tenant. The unit is framed for a 3 bedroom 2 bath as well. The third bedroom was opened up to make a second living area. The closet is still in place, and this could easily be turned back into a 3 bedroom, 2 bath. 80 Vine Street is a 3-bedroom, 2-bath unit that is currently unoccupied. Below 80 Vine Street is a beautiful permitted Mother-in-Law suite that has been completely redone. It is a two-bedroom, one-bath unit with a large open kitchen and living area. The second bedroom downstairs has a door that exits to the back courtyard. A plumbed bathroom could be completed to create an efficiency apartment that could also be rented or added to the Mother-in-Law space. The downstairs unit has beautiful new French doors overlooking the serene backyard. The entire duplex was re-plumbed in 2017. The electrical panel was updated in 2019. The floors for the entire duplex were redone in 2017 with vinyl laminate. The AC unit for 80 Vine Street was replaced in 2017. The downstairs unit has all new mini split units, new cabinets, countertops, and appliances. This amazing property is beautifully located on a street with high-end homes near the Seminole trail, great schools, the Oviedo library, and downtown Oviedo. It is close to the Oviedo Hospital, UCF, Seminole State College, and major shopping and restaurants. This unique property is nestled in a park-like setting with so many opportunities! Rent out all the units, or live downstairs and earn income from the Duplex above. There is a spacious two-car garage that could be flex space for rental income, storing toys and trailers, or a workshop. There is NO HOA! This is a very special and unique property and an income-producing opportunity for you! The current owner obtained a conventional loan, lives downstairs, and rented the duplex for income.

Additional Information

Taxes
$3860
Annual Gross Income
57600
Location
City Limits, Paved
Community Features
No Deed Restriction
Zoning
R-2
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo
Floor
Luxury Vinyl
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Electricity Connected
Heating
Central
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block, Wood Frame
Exterior Features
Fence, French Doors, Private Mailbox, Sidewalk, Storage
Roof
Shingle
Foundation
Basement
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Flood Zone Code
X
Parcel ID
10-21-31-503-0000-0620
Legal Description
LOTS 62 & 63 (LESS E 11 FT OF LOT 62) & N 1/2 OF VACD ALLEY ADJ ON S OAK RIDGE PB 3 PG 49

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MCGLAMERY WILSON REALTY. Selling Office: COLDWELL BANKER REALTY.

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