830 & 828 N Hyer Avenue, Orlando, FL 32803
- $601,000
- 4
- BD
- 2
- BA
- 1,616
- SqFt
- Sold Price
- $601,000
- List Price
- $589,000
- Status
- Sold
- Days on Market
- 3
- Closing Date
- Aug 26, 2024
- MLS#
- O6228627
- Property Style
- Single Family
- Architectural Style
- Ranch
- Year Built
- 1967
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,616
- Lot Size
- 6,730
- Acres
- 0.15
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Overstreet Oak Hill Sub
- MLS Area Major
- Orlando/Colonial Town
Property Description
Beautiful 2/1 Duplex in the highly sought-after Lake Highland neighborhood. This duplex home is an exceptional find, offering the flexibility to either move into the rear unit (830) as a primary home or generate rental income from both units. This is perfect for the savvy investor or homeowner seeking a lucrative, stable long-term investment, or the perfect duplex arrangement where you can live on one side and rent out the other. Market rent potential is powerful for this neighborhood and has a lot of upside left to capture It could be perfect for an Investor needing a 1031 Exchange. Investor Income is $43,200 per year, which is below market for 32803. NO HOA. The new roof in 2023 has blown-in insulation, water barrier underlayment, a wind mitigation report, and a solar-powered ventilation fan to keep your tenants comfortable. A home warranty is included for the buyer’s peace of mind. Freshly painted in 2022, the slab foundation has terrazzo under the wood laminate, ceiling fans, window blinds, and central HVAC. Both units have inside laundry washers & dryers. Each unit is currently rented at $1800.00 per month for $43,200.00 annually. However, the rear unit (830) will be vacant in September and could be rented for $2000 per month or more. Close to popular restaurants and shopping in the Mills/50 district, hospital/medical services, and downtown. Information on the MLS/websites is intended to be accurate; however, cannot be guaranteed. Buyers and agents are advised to verify.
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Additional Information
- Taxes
- $6661
- Minimum Lease
- 8-12 Months
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-2A/T
- Interior Layout
- Attic Fan, Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
- Interior Features
- Attic Fan, Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
- Floor
- Carpet, Laminate, Terrazzo
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
- Heating
- Electric, Heat Pump
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Rain Gutters, Sidewalk
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 2 Car Carport
- Garage Features
- Common
- Flood Zone Code
- X
- Parcel ID
- 24-22-29-6492-02-061
- Legal Description
- OVERSTREET OAK HILL SUB F/17 LOT 6 (LESSN 45.36 FT) & LOT 7 (LESS S 50 FT) BLKB
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO. 407-622-2122
Selling Office: DALTON WADE INC.Mortgage Calculator
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