1002 E Marks Street

Description

PRIME LOCATION! This is your chance to own a beautifully done duplex located on a quaint brick paver street in the in-demand area of Park Lake/Lake Highland neighborhood. This light and bright concrete block duplex is zoned multifamily and currently set up as 2- 2bedrooms, 1 bath units on a large corner lot plus two- single car garages and an extra-long driveway for parking and storage. Additionally, the property has a private, enclosed outdoor area perfect for a hot tub, grilling, dining or outdoor entertainment. Property was recently professionally painted and landscaped (2022), a 2018 roof and new insulation in 2019 for energy efficiency. Both units are currently leased and producing income ($3,400/month). Owner has rents low but these units rent easily and can probably be increased. Just four blocks from prestigious Lake Highland Preparatory School, and convenient to the Orlando Urban Bike Trail, downtown, the Ivanhoe Village, Thornton Park, the Milk District, Loch Haven Park, the Science Center, Advent Health Hospital, the Amway Center, Orlando City Stadium, Dr. Phillips Performing Arts Center, Winter Park Shopping District and numerous bars and restaurants. Unit A is fully furnished and will be sold with furnishings. Previously was a successful, turn-key short term rental property with a nautical theme. Unit B is rented on a long-term basis. Live in one side and rent the other, keep as long term rentals or if applicable, consider a short term rental opportunity. So many possibilities with this property - great income potential in a very desirable neighborhood surrounded by gorgeous homes showcasing pride of ownership. Take a look quick, it will not last long!