Orlando, FL 32807,5431 OLD CHENEY HWY #5427 & 5431
Orlando, FL 32807,5431 OLD CHENEY HWY #5427 & 5431
Orlando, FL 32807,5431 OLD CHENEY HWY #5427 & 5431
Orlando, FL 32807,5431 OLD CHENEY HWY #5427 & 5431
Orlando, FL 32807,5431 OLD CHENEY HWY #5427 & 5431
Orlando, FL 32807,5431 OLD CHENEY HWY #5427 & 5431
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$348,500

$365,000

4.5%
Est.Price: ?

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Est. payment /mo

0.29 Acres Lot


SOLD DATE : 01/06/2022

Key Details

Sold Price $348,500

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Ponce De Leon

MLS Listing ID O5979605

Sold Date 01/06/22

Construction Status Inspections

HOA Y/N No

Annual Tax Amount $1,999

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 100x125

Property Description

DOUBLE LOT - TWO BUILDINGS CURRENTLY BEING LEASED FOR RESIDENTIAL MONTH TO MONTH w/$34,000 annual income.
Use as current R-2 for rental income....OR BUILD NEW !!! INVESTOR'S OPPORTUNITY - Currently THREE UNITS (2 buildings) on a DOUBLE LOT - Super income of over $34,000 a year with potential to grow!!! These TWO BUILDINGS sit on a DOUBLE LOT - 5427 Old Cheney & 5431 Old Cheney (Tax recorded has property as 5431 Old Cheney address for both buildings). BUILDING ON LEFT is 5427 and is a 1BE/1BA home / Tenant is renting MONTH TO MONTH at $270 a week - Tile flooring - older kitchen and bath - with Central AC. BUILDING ON RIGHT has 2BE/1BA plus an EFFICIENCY apartment. - all with separate entryways: The 1BE/1BA getting $800 a month for rent; and the EFFICIENCY UNIT receiving $200 a week rent - month to month. All units have older kitchens & baths and tile or wood flooring with CENTRAL AC. Both buildings are BLOCK Construction. There is a Shed in backyard and storage closet with potential to add washer and dryer on premises. Septic and drainfield are in backyard and were drained certified 1 year ago. Yard is Fenced all around. Room for cosmetic improvements if you desire more rental income. Tenants wish to stay or can vacate with 60 day notice....month to month. Room sizes and square footage are deemed to be correct but must to be verified by buyer. Many opportunities and options. DO NOT DISTURB TENANTS. Call for appointment.

Location

State FL

County Orange

Community Ponce De Leon

Zoning R-2

Exterior

Fence Chain Link

Utilities Available Electricity Available, Water Connected

Waterfront false

Building

Lot Description Corner Lot

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Construction Status Inspections

Others

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by CONWAY REALTY CORP
Bought with MOREHOUSE REALTY INC

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