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Gelfand Realty Miami Properties - Multi Family

105 E SMITH, ORLANDO, FL 32804

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Multi Family - ORANGE CREST

105 E SMITH, ORLANDO, FL 32804

Sold Price$600,000 Asking Price$624,900

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  • Days on market:

    7 day(s)
  • Original Price:

    $624,900
  • Price per sqft:

    $241.55
  • Tax Legal Description:

    ORANGE CREST G/103 LOT 9 & W1/2 OF LOT 10 BLK C
  • Tax Year:

    2020
  • Property Type:

    Multi Family
  • View:

    City
  • Elementary School:

    Princeton Elem
  • Middle School:

    College Park Middle
  • Senior High School:

    Edgewater High
  • Construction Type:

    Block
  • Roof:

    Other
  • Cooling Description:

    Central AirWall/Window Unit(s)
  • Heating Description:

    ElectricCentralWall Units / Window Unit
  • Exterior Features:

    SidewalkStorage
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot

Description

$624,900 • living size area 2587 sqft

College park / 5 unit investment property! extraordinary opportunity in this extraordinary 5-unit property consisting of a single family home (2 bedroom / 1 bath), a 1 bedroom / 1 bath unit within the single family home (known as the "east entrance") , a free standing garage with 1) an upstairs 2 bedroom / 1 bath apartment, and 2) an efficiency ground floor unit under the garage apartment, and 3) a garage/storage space, plus a free-standing efficiency "cottage." all of this on a nearly 12,000 square foot lot at the superlative corner of smith and formosa in college park. this property has been in the family for over 40 years and has been meticulously maintained and kept in pristine condition. all the units are occupied with tenants in a month-to-month tenancy. some tenants have been in place for the duration of the ownership. the roof of the single family home was replaced in 2015 and the roof for the "garage" structure was replaced in 2010. great income / investment opportunity or additional income for an owner/occupant. an exceptional opportunity at an exceptional value!

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