Listing by: Reza Shirzad, ANNE ROGERS REALTY GROUP INC

4 Beds

3 Baths

1,802 SqFt

Active

INVESTORS AND OWNERS DREAM! Location location location , great zip code . The property contains 2 separate dwellings and is conveniently located near SODO, major shops, grocery stores, Hospitals, Schools, Downtown and Train Station. The newly implemented Hourglass District is also less than 5 minutes away from this property, featuring lively night life with bars, pubs, restaurants and coffee shops. The property is close distance to the very desirable Blanker (K to 8) and Boone High Schools. Excellent neighborhood. Many homes in the area have been newly constructed or totally upgraded. You can see neighbors walking around and enjoying the quaint settings of the neighborhoods and parks. A walk around near-by Lake Lancaster offers a great daily routine. The main house is a charming restored 3 bedroom/2 bath downtown bungalow (first built in the 1960’s) with hardwood floors and high ceilings. The house has always been a rental property, well maintained and kept up. In 2015-2016 the Owner constructed a 2 story apartment in the rear of the lot. Constructed with good quality materials and excellent workmanship, the garage apartment (also called the Cottage) has been occupied by the Owner, part time only, and used as a personal retreat. The shower has never been used and the premises still look like new construction. The Driveway was re-constructed 2 years ago with pavers and can easily accommodate 5 cars. The double car garage was used for storage only. Both dwellings have up-to-date (recent) a/c, appliances and roofs. The property offers many opportunities: it can be owner occupied with the rear cottage setup as a rental or vice versa. As an investment play, a 5% to 6% cap rate could be achievable with both dwellings operated as rentals. Both dwellings have separate electric service meters.

Property Details
Price $479,900
Bedrooms 4
Full Baths 3
Total Baths 3
Property Style Ranch
Lot Size Area 6518
Acres 0.15
Property Type Residential
Sub Type SingleFamilyResidence
Stories 2
Features Ceiling Fans(s),High Ceiling(s),Open Floorplan,Stone Counters,Window Treatments
Exterior Features Sidewalk
Year Built 1940
Subdivision SOUTHERN PINES
Roof Shingle
Heating Central
Foundation Slab
Lot Description In City Limits,Sidewalk
Laundry Features Inside,Laundry Closet
Parking Description Driveway
Garage spaces 2
Additional Rooms Bonus Room,Great Room,Inside Utility
Geographic Data
Directions From Downtown: S orange to left Kelly St. Right on S. Ferncreek Ave. Right on MURIEL St. House will be on your Right!
County Orange
Latitude 28.517631
Longitude -81.360698
Market Area 32806 - Orlando/Delaney Park/Crystal Lake
Address Information
Address 1507 E MURIEL STREET, ORLANDO, FL 32806
Postal Code 32806
City ORLANDO
State FL
Country United States
Listing Information
Listing Office ANNE ROGERS REALTY GROUP INC
Listing Office Phone 407-649-4141
Listing Agent Reza Shirzad
Listing Agent Phone 407-234-1515
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/O5949570
School Information
Elementary School Blankner Elem
Middle School Blankner School (K-8)
High School Boone High
MLS® Information
MLS® Status Active
Listing Date Jun 6, 2021
Listing Last Modified Jun 7, 2021
Tax ID 01-23-29-8200-00-560
Tax Year 2020
Tax Annual Amount 4868
MLS® Area 32806 - Orlando/Delaney Park/Crystal Lake
MLS® # O5949570

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