Multiple Offers - submit highest and best by September 1 at 10:00 am. Investor opportunity in Orlando's desirable Lake Cherokee Historic District, minutes from Downtown Orlando. This 1920s duplex offers two income-producing units, each historically renting for approximately $1,800-$2,000 per month.Original wood floors, fireplaces, abundant windows and generously sized rooms preserve the property's historic character. Each residence features its own kitchen and living spaces, while the large backyard provides additional outdoor space and privacy.The property was converted from a rooming house into a duplex in the mid-1980s through a comprehensive gut renovation that included new plumbing and electrical systems. More recent improvements include a roof replaced approximately eight to ten years ago and air-conditioning systems replaced within the past five to six years.The property needs renovation but offers significant potential through its location, flexible configuration and established rental history. Renovate and reposition the existing duplex, occupy one unit while leasing the other, explore conversion to a single-family residence, or evaluate potential redevelopment options subject to applicable historic-preservation review and governmental approvals.
Listed By
Agency Name: CORCORAN PREMIER REALTY
Agency Contact: 407-965-1155
Shown By
Agency Title: Florida Executive Realty - New Construction
Agency Phone: 813-908-8500
Estimated Payment
$ 1,998.28 per month $1,112.56 Principal & Interest $739.92 Property Tax $145.80 Homeowner's Insurance
522 S Osceola Avenue | MLS# O6436570
This multi-family property located at 522 S Osceola Avenue, Orlando, FL 32801 is currently listed for sale with an asking price of $499,900. Search Orlando real estate on www.floridaexecutivenewhomes.com today.