Oviedo, FL 32765,80-90 VINE ST

$695,000

$695,000

Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

3,216 SqFt


SOLD DATE : 05/30/2024

Key Details

Sold Price $695,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,216 sqft

Price per Sqft $216

Subdivision Oak Ridge

MLS Listing ID O6186138

Sold Date 05/30/24

Bedrooms 5

HOA Y/N No

Originating Board Stellar MLS

Year Built 1981

Annual Tax Amount $3,860

Lot Size 0.330 Acres

Acres 0.33

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.

Location

State FL

County Seminole

Community Oak Ridge

Zoning R-2

Rooms

Other Rooms Interior In-Law Suite w/Private Entry

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo

Heating Central

Cooling Central Air, Mini-Split Unit(s)

Flooring Luxury Vinyl

Fireplace false

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Laundry Inside, Laundry Closet

Exterior

Exterior Feature Fence, French Doors, Private Mailbox, Sidewalk, Storage

Garage Spaces 2.0

Utilities Available BB/HS Internet Available, Electricity Connected

Roof Type Shingle

Attached Garage true

Garage true

Private Pool No

Building

Lot Description City Limits, Paved

Foundation Basement

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block,Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by MCGLAMERY WILSON REALTY
Bought with COLDWELL BANKER REALTY
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