Jeannie Wilson

PENDING

80 Vine St

Oviedo, FL
$695,000 | 6 beds | 5 baths

Property Details

80 Vine St
Oviedo, FL

Duplex—PLUS!!! If you are looking for an income-producing property with a potential excellent rate of return in sought-after Oviedo, this is it! 90 Vine Street is a 2 bedroom, 2 bath that currently has a tenant. The lease is through August; however, the tenant would like to remain. 80 Vine Street is a 3-bedroom, 2-bath unit that should be rented in this area for a minimum of $1600 per month. Below 80 Vine Street is a beautiful permitted Mother-in-Law suite that has been completely redone. It is a two-bedroom 1, one-bath unit with a large open kitchen and living area. The second bedroom downstairs has a door that exits to the back courtyard. A plumbed bathroom could be completed to create an efficiency apartment that could also be rented or added to the Mother-in-Law space. The downstairs unit has beautiful new French doors overlooking the serene backyard. The entire duplex was re-plumbed in 2017. The electrical panel was updated in 2019. The floors for the entire duplex were redone in 2017 with vinyl laminate. The AC unit for 80 Vine Street was replaced in 2017. The downstairs unit has all new mini split units, new cabinets, countertops, and appliances. This amazing property is beautifully located on a street with high-end homes near the Seminole trail, great schools, the Oviedo library, and downtown Oviedo. It is close to the Oviedo Hospital, UCF, Seminole State College, and major shopping and restaurants. This unique property is nestled in a park-like setting with so many opportunities! Rent out all the units, or live downstairs and earn income from the Duplex above. There is a spacious two-car garage that could be flex space for rental income, storing toys and trailers, or a workshop. There is NO HOA! This is a very special and unique property and an income-producing opportunity for you! The current owner obtained a conventional loan, lives downstairs, and rented the duplex for income.

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Jeannie Wilson

Broker / Owner
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