Active

150 VAN BUREN AVE

LAKE MARY FL, 32746

$400,000


$178.09 per sqft

Active

2,246 sqft

Multi-family

Built in 1984

Excellent opportunity to purchase a multi-family property under market value! Full duplex on a large corner lot in Lake Mary. The larger unit is a 3 bedroom with 2 full baths, completely renovated throughout including a new kitchen and baths, solid wood cabinets, quartz countertops, and stainless steel appliances. This unit had the AC and windows replaced in 2019, a new water heater in 2021, and a full-size two-car garage with laundry. The smaller unit has 2 bedrooms with 2 full baths, a private entrance off 4th street, an indoor laundry closet, a screened enclosure, and a large carport. The flooring in both units was replaced with luxury vinyl plank in 2019 and the Roof was replaced in 2018. Market rent for the larger 3/2 side is approximately $2,400 per month and the market rate for the smaller 2/2 side is approximately $1,800 per month. Separate electrical meters and separate water meters. Two separate septic systems were both replaced in 2021. THE 3/2 SIDE IS LEASED AT $2,100 PER MONTH UNTIL 3/31/25 AND THE 2/2 SIDE IS LEASED AT $0 UNTIL 3/8/29 (without rent...this is not a typo :) . Call for details. Real Estate Taxes 2023 are $4,843 Hazard Insurance approximately $2,350

O6222143

MLS ID

July 11, 2024

Listed

September 4, 2024

Updated

Map

150 VAN BUREN AVE
LAKE MARY FL, 32746

Interior Features

Total Stories

1


Interior Features

Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)


Laundry Description

In Garage


Fireplace

Yes


Fireplace Description

Living Room, Primary Bedroom, Wood Burning


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Electric, Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.23 Acres


Exterior Features

Fence, Private Mailbox, Sidewalk, Sliding Doors


Roof

Shingle


Sewer

Septic Tank

Other Property Details

Area Name

32746 - Lake Mary / Heathrow


Taxes

$4,843


Tax Frequency

Annually


Days on Market

54


Garage

Yes


Garage Spaces

2


View

No


County

Seminole


Municipality

20


Water Source

Public


Pool

No


Zoning

R-2

Listing History

Date

Event

Price

9/3/2024

Price change

$400,000

-5%

Listed by SLOANE REALTY, LLC
Listing Contact: 407-829-2418 

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Data last updated 9/4/2024, 3:18 PM UTC

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