2945 Southgate Terrace, ORLANDO, FL 32818
- MLS#: O6341870 ( Residential )
- Street Address: 2945 Southgate Terrace
- Viewed: 21
- Price: $595,000
- Price sqft: $226
- Waterfront: No
- Year Built: 1961
- Bldg sqft: 2628
- Bedrooms: 5
- Total Baths: 5
- Full Baths: 4
- 1/2 Baths: 1
- Garage / Parking Spaces: 8
- Days On Market: 38
- Additional Information
- Geolocation: 28.5816 / -81.4972
- County: ORANGE
- City: ORLANDO
- Zipcode: 32818
- Subdivision: Woodsmere Manor
- Provided by: ELIZUNDIA LUXURY REALTY LLC
- Contact: Adriana Elizundia
- 407-393-8583
- DMCA Notice
-
DescriptionUnique Property Opportunity NOW PRICE REDUCED to $595,000! A smart investment with income from day one. Ideal for those looking to live in one unit and generate income from the others, this home features a versatile layout offering up to 4 potential income streams. Recently remodeled and income ready, it includes fully functional independent spacesperfect for short or long term rental, private office, guest suites, or personal use. Enjoy a private pool, BBQ area, convenient outdoor half bath, spacious parking, and an electric gate, located in a quiet cul de sac in Orlando, with no HOA and endless possibilities for rental income or multi generational living sits on a 0.43 acre lot. Located in a high demand rental area with easy access to major roads, shopping, and services. Property This fully renovated and furnished. The main residence offers 3 bedrooms, 2 bathrooms, modern tile flooring throughout, updated kitchen and bathrooms, a large enclosed Florida room, private pool with dedicated half bath, BBQ area, and access to both city water and private well, reducing utility costs. Unit 1 is an attached 1 bedroom, 1 bathroom apartment with full kitchen and living/dining area, while Unit 2 is a detached 1 bedroom, 1 bathroom guest house with full kitchen and dining area. Both units are fully furnished, renovated, and equipped. The property also includes installed utility connections (water, electric, septic) ready for an additional rental unit, such as an RV or manufactured home, offering an excellent opportunity to expand income potential. Ample parking is available with space for 24 vehicles at the front driveway and 68 additional spaces at the rear, accessed through a motorized gate. The entire lot is fully fenced, ensuring privacy and separation between the main residence and rental units. Recent upgrades completed in 2022 include a new roof, new A/C system, updated electrical, and all new tile flooring and fixtures. This is a turn key investment opportunity, ideal for owner occupants or investors seeking strong immediate returns from multiple income streams.
Property Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Garden, Outdoor Grill, Outdoor Kitchen, Storage
- Flooring: Ceramic Tile
- Living Area: 2286.00
- Roof: Shingle
Property Information
- Property Condition: Completed
Garage and Parking
- Garage Spaces: 8.00
- Open Parking Spaces: 0.00
Eco-Communities
- Pool Features: Deck, In Ground
- Water Source: Private, Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central, Electric
- Sewer: Public Sewer
- Utilities: Electricity Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Country: US
- Furnished: Negotiable
- Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor
- Legal Description: WOODSMERE MANOR V/129 LOT 2 BLK A
- Levels: One
- Area Major: 32818 - Orlando/Hiawassee/Pine Hills
- Occupant Type: Tenant
- Parcel Number: 10-22-28-9480-01-020
- Views: 21
- Zoning Code: R-CE
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