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$324,900

85 Orange Street Englewood, FL 34223 Multi Unit - Multiple Pending

  • 85 Orange Street, Englewood, FL 34223 Main Photo

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Description

Under contract-accepting backup offers. Discover an exceptional investment opportunity with this duplex property, conveniently situated near the charming and historic Dearborn Street in Old Englewood Village. Within a leisurely stroll, you'll find beautiful parks, unique shops, the local library, Englewood Elementary School, and a delightful array of dining options. Dearborn Street is alive with seasonal produce markets, captivating performances at the Lemon Bay Playhouse, art shows, Waterfest, and a multitude of community celebrations, creating an exciting atmosphere for residents and visitors alike. The beautiful Gulf beaches of Manasota Key are within 3 miles as the seagull flies. Both units are consistently rented, ensuring a reliable income stream for savvy investors. Recent upgrades have been made to enhance the property's value: a durable new roof was installed in 2018 (complete with a third nail for insurance credit), an asphalt parking pad was added in 2016, a new water heater for the back unit (2022), and a modern HVAC system in the front unit (2024). Please note, the adjacent duplex at 95 Orange Street is also on the market (MLS #D6143329), offering a remarkable chance to acquire an income-generating quadplex. Don't miss out on this incredible opportunity to secure a prime piece of real estate in a thriving community!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.17 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,363
Year Built: 1969

General Information

Bedrooms: 2
Sqft: 1,031
County: Sarasota
High School: Lemon Bay High
Listed By:
Patrick Hesse PARADISE EXCLUSIVE INC 941-698-0303

Amenities

Primary Bedroom Main Floor
Thermostat
Sidewalk

Property Features

Annual Net Income: 34800.00
Appliances: Microwave, Range, Refrigerator
Days on Site: 222
Directions: From SR-776 turn right onto E Dearborn St (SR-777). Go for 0.5 mi. Turn right onto Orange St. go 0.1 miles. Property is located on your right before the public park.
Exterior: Block
Flood Zone Code: X
Flooring: Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.17
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters
Water: Public
Water Access Y/N: No
Zoning: RMF1
$324,900
2beds
1,031sqft
Pending
BEDS2 BATHS SQUARE FEET1,031 MLS#D6143328
STATUSPending PROPERTY TYPEMulti Unit - Multiple

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85 Orange Street, Englewood, FL 34223.

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Estimated Payment

$ 1,470.85 per month $1,095.83 Principal & Interest $280.25 Property Tax $94.76 Homeowner's Insurance

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About this area

Florida/Englewood
Englewood

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About Englewood

Englewood is located south of Sarasota, and north of Venice. This community offers a wide variety of home styles and price ranges. It’s tucked away, yet still provides easy access to the arts and cultural amenities that make this area so popular. Nature is abundant, and with a strong school system, it’s also great place for families. One of the highlights in Englewood is Manasota Key Road. It boasts luxurious properties that are Gulf- front on one side and bay-front on the other.


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