BEDS2
BATHS
SQUARE FEET1,031
MLS#D6143328
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property 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 Features
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
Amenities
Primary Bedroom Main Floor
Thermostat
Sidewalk
Feature Descriptions
Annual Net Income: 34800.00
Appliances: Microwave, Range, Refrigerator
Days on Site: 209
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
Local Schools
High School: Lemon Bay High
Middle School: L.A. Ainger Middle
Elementary School: Englewood Elementary
Listed By / Shown By
Listed By
Agency Name: PARADISE EXCLUSIVE INC
Agency Contact: 941-698-0303
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 2,104.27 per month $1,729.25 Principal & Interest $280.25 Property Tax $94.76 Homeowner's Insurance
85 Orange Street | MLS# D6143328
This multi-family property located at 85 Orange Street, Englewood, FL 34223 is currently listed for sale with an asking price of $324,900. Search Englewood real estate on www.adamscameroncommercial.com today.