$420,000
$440,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
3,725 SqFt
SOLD DATE : 02/02/2024
Key Details
Sold Price $420,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,725 sqft
Price per Sqft $112
Subdivision Golfview
MLS Listing ID O6156123
Sold Date 02/02/24
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1955
Annual Tax Amount $2,880
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Investment with Potential and Versatility in College Park!
Discover the boundless potential of this two-story property in the recognized Dubsdread Golf Course neighborhood in Historic College Park. Spanning over 3,700 square feet on a spacious lot, this 3-bedroom, 2.5-bathroom home is brimming with investment opportunities. The smart layout features two bedrooms on the main level and an exclusive master suite on the second floor overlooking the wooded surroundings. This residence, in need of some repairs, is a golden chance to customize and increase its value, with very strong comparative recently sold homes ( 340 MASHIE Lane that recently sold over over $1Million, only 3,269 sqft, and the lot next door will be built into a much smaller home, only 2,327 sqft, and currently listed for $725,000), potentially making this project a very profitable one for the savvy investor.
Think ahead with the versatility provided by the large backyard workshop: with electrical hookups already in place, it can easily be converted into a modern studio apartment, perfect for rental or as a private guest retreat. This unique feature not only increases the living space but also offers additional income potential, further enhancing the home's appeal as an investment.
The interior is ready to be transformed, with a main dining area showcasing rustic finishes and an additional living room with a fireplace that invites relaxation. The second floor includes an extra kitchen and a loft with built-in shelves, adding functionality and charm. The property benefits from natural light and a design awaiting a visionary makeover.
Adding to its charm and potential, the property offers significant financial benefits: working with our preferred lender (Home 1st Lending, which is the #1 ranked lender in central FL according to Zillow), the seller will credit an additional $2,000 which could go towards your closing costs or buying down your rate! With its prime location near downtown Orlando, this hidden gem is a smart investment promising notable returns and the dream lifestyle in one of the city's most coveted neighborhoods. Also take advantage of the Hometown Heroes Downpayment Assistant program! Seller is open to accepting Homestyle Renovation loans.
Location
State FL
County Orange
Community Golfview
Zoning R-1/T/W
Rooms
Other Rooms Bonus Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
Interior
Interior Features Ceiling Fans(s), PrimaryBedroom Upstairs, Open Floorplan, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate, Wood
Fireplaces Type Family Room
Fireplace true
Appliance Electric Water Heater
Laundry Inside
Exterior
Exterior Feature Balcony, Sidewalk, Storage
Garage Spaces 1.0
Community Features Golf
Utilities Available Electricity Available
View City
Roof Type Shingle
Porch Patio, Rear Porch, Screened, Wrap Around
Attached Garage true
Garage true
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Architectural Style Colonial
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Princeton Elem
Middle Schools College Park Middle
High Schools Edgewater High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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