tomo logo

$739,000

Beds
4
Baths
3.0
sq ft
1,802

2201 S Mills Ave, Orlando, FL 32806

2201 S Mills Ave

ORLANDO, FL 32806

  • <1 day on market
Discover this fully updated corner lot duplex, perfect for investors and homeowners alike located in the SODO district of downtown Orlando. INVESTORS, looking for a place to park your money? Property values and rents are soaring in and around the downtown area with many million-dollar homes being built all around 32806. Both units are currently leased and have been completely updated and include attached garages and convenient air-conditioned laundry rooms. The TOTAL renovation was completed in 2018 and included EVERYTHING down to the studs! Electrical, plumbing, A/C and ductwork, windows, doors, roof, cabinets and appliances with a finish quality you don’t usually see in a rental property. This property attracts high quality tenants, which makes managing it very low hassle and gives you an instant income generator! This rental property is perfect for a first time investor or an experienced one because it is a truly turnkey opportunity. The property offers two stunning units, each with its own unique charm. The first unit features three spacious bedrooms and two modern bathrooms, adorned with elegant hardwood floors and a lovely front patio, perfect for outdoor relaxation. The second unit boasts a private side yard which is ideal for gardening or entertaining guests and provides a sense of privacy, while the stylish granite countertops, eye-catching feature wall and beautiful kitchen add a touch of sophistication. This is an opportunity for you or your tenants to enjoy urban living in one of Orlando’s most desirable neighborhoods that is located in the Blankner and Boone school district. Don’t miss your chance to own this meticulously updated duplex that’s ready for its next chapter!

Details

Property type

Est. home value

$501,461

Lot size

9,750 sq ft

Price per sq ft

$411

Year built

1959

Annual property taxes

$6,982

HOA

No

Price History

11/05/2024
StellarMLS

StellarMLS #O6254719

Listed
$739,000
+221.3%
04/29/2016
StellarMLS

StellarMLS #O5433556

Sold
$230,000

Schools & Community

Neighborhood: 

Wadeview Park

Elementary school: 

Blankner Elem

Middle school: 

Blankner School (K-8)

High school: 

Boone High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loandepot.Com Llc

Loan start date

November 2021

Original loan amount

$330,000

Est. remaining balance

$241,451

Interest rate

2.3%

Loan type

New Conventional, 10 year

Seller

Paul Cohn

Lender

Fbc Mortgage Llc

Loan start date

May 2016

Original loan amount

$160,000

Est. remaining balance

$130,784

Interest rate

3.58%

Loan type

New Conventional, 30 year

Seller

Paul Cohn

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/05/2024 at 11:35 AM

Listing updated: 11/05/2024 at 9:11 AM

Listed by: Anna McIntyre, LAKESIDE REALTY WINDERMERE INC Phone #: (407) 876-5575

MLS: StellarMLS #O6254719

StellarMLS logo

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