$265,000
$285,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
5501 VALLEY OAK RD Orlando, FL 32808
8 Beds
4 Baths
2,201 SqFt
Key Details
Sold Price $265,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,201 sqft
Price per Sqft $120
Subdivision Forest Park
MLS Listing ID O5942726
Sold Date 07/09/21
Bedrooms 8
Full Baths 4
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1966
Annual Tax Amount $2,612
Lot Size 10,454 Sqft
Acres 0.24
Property Description
This home is turnkey ready for a savvy investor or perfect for a multi-generation family. The main home includes 6 bedrooms with 2 full bathrooms, a kitchen with a common area, an additional efficiency is attached to the main home with its private bathroom and separate entrance. The detached two car garage was converted into a little appartement complete with its private bathroom, and a kitchen could easily be added to the unit. All the hard work was completed: new roof in 2017, new AC handler and compressor in 2020, updated bathrooms in the main home. It is perfect for a family with older parents and young adults, or keep it as a cash cow rental and rent each bedroom individually. If rented per the room, the 6 oversized bedrooms could rent for $170/weekly and the 2 studios could rent for $200/week, which is a potential revenue of $70,000/year, or live in the main home and rent the other units. This investment home is ready for your vision! All furniture is included. The efficiency/studio in the back as well as the garage apartment are in the process of being renovated by the owner. All information provided is meant to be accurate but should be independently verified.
Location
State FL
County Orange
Community Forest Park
Zoning R-1A
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Furnishings Turnkey
Fireplace true
Appliance Dishwasher, Microwave, Range, Refrigerator
Exterior
Exterior Feature Storage
Parking Features Bath In Garage, Converted Garage
Garage Spaces 2.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Attached Garage false
Garage true
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Schools
Elementary Schools Ridgewood Park Elem
Middle Schools Meadowbrook Middle
High Schools Evans High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with COMPASS FLORIDA LLC