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Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,114 sqft
Price per Sqft $217
Subdivision Seminole Land & Inv Co
MLS Listing ID S5112841
Sold Date 11/12/24
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1986
Annual Tax Amount $3,861
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 158x310
Property Description
Exceptional Investment Opportunity located in Saint Cloud, FL, offering excellent rental income potential. This duplex at 3551 5th Ave features two units, each offering 2 bedrooms and 2 bathrooms, situated on an oversized .28-acre lot. The property has a new roof installed in 2021, an updated septic tank in 2023, and is connected to city water. Both units feature tile floors throughout with carpeting in the bedrooms and a spacious open-concept living area that combines the kitchen, dining, and living room. Each unit includes a private laundry room, backyard, storage space, and ample parking. With no HOA fees, the potential monthly rental income is $1,800 each unit, providing a total monthly income of $3,600 and an annual income of $43,200. Additionally, the duplex next door at 3555 5th St is available for purchase, offering a rare opportunity to expand your investment portfolio. Located close to Downtown Kissimmee, Downtown St. Cloud, Disneyworld, Lake Toho, The LOOP Mall, and Orlando International Airport, this property is just 10 to 25 minutes away from major attractions. Don’t miss out on this prime investment opportunity with strong income potential
Location
State FL
County Osceola
Community Seminole Land & Inv Co
Zoning MULTI
Rooms
Other Rooms Breakfast Room Separate, Great Room, Inside Utility
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Vinyl
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
Laundry Inside
Exterior
Exterior Feature Balcony, Storage
Garage Driveway, Open
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Street Lights
Roof Type Shingle
Porch Covered, Deck, Patio, Porch
Garage false
Private Pool No
Building
Lot Description In County, Near Public Transit, Sidewalk, Paved
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Lakeview Elem (K 5)
Middle Schools St. Cloud Middle (6-8)
High Schools St. Cloud High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Membership Fee Required None
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COLDWELL BANKER REALTY
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