Under Contract
2 5 0 0 Elizabeth Ave
Located in Heart of the College Park area of Orlando, Florida
Asking Price $459,900.00
($90,000.00 Below Appraisal)
Click on pictures for larger view
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Under Contract 2 5 0 0 Elizabeth Ave Located in Heart of the College Park area of Orlando, Florida Asking Price $459,900.00 ($90,000.00 Below Appraisal)
Click on pictures for larger view |
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| Exec. Home Built in 1994 with the charm of Yesteryear! 2,000 SQFT 3 Bedroom, 2.5 Bath and 2 Car Garage! + 500 SQFT APT above Garage! |
Wood Floors & Crown Molding warm the Entry! |
Covered Walkway to the 2 Car Garage w/Apartment Above; Entire Courtyard Finished w/Brick Pavers! |
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| Large Formal Dining Room Offers Wood Flooring, Chair Rail, Bay Window, & Decorative Lighting! | Eat-in Kitchen w/Hardwood Floors, Maple Cabinets w/Crown Molding, Brand NEW GRANITE Counters, NEW Stainless Steel Dishwasher-Gas Range-Sink with Kohler Fixture, Island Breakfast Bar w/Cabinets on Kitchen Side & Curio Cabinets on Family Rm Side, & Microwave! | ||
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Spacious Family Rm with 9 foot Ceilings, Crown Molding, Hardwood Flooring, Level Hearth Marble Faced Fireplace, w/Decorative Wood Surround! Two Sets of French Doors lead to the Bricked Courtyard! |
Upstairs Loft Office with Built-in Book Shelves & Computer Desk! |
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Spacious Master Suite with Bay Window, Vanity/Dressing area with Cherry Cabinetry, Tub/Shower with Marble Flooring!
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LOCATION... LOCATION... LOCATION... In the Heart of the Sought after College Park Area!!! Walk to New Community Center & College Park Pool... Walk to all the Shops & Restaurants on Edgewater Dr... Walk to Princeton Elementary School... Walk to Lake Ivanhoe... Isn't it time to STOP Commuting and Start Enjoying Life...
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Total Approx. Living Area For Sale is 2,500 INCLUDING Apartment Above Garage! |
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Above the Garage Apartment |
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Private Backyard and Private Entrance to the Apartment above the Garage! |
You'll be Amazed at just how Spacious and Comfortable this Apartment is! Charming Parquet Wood Flooring throughout! Full Kitchen w/Gas Range, microwave, Fridge, Double Sink w.indow! |
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This is a Legal Apartment; meaning that the Property is zoned for this use! Purchase 2500 Elizabeth and use this for an In-Law Apartment, OR it would be great for your Collage Student that wants their own place and some Privacy, OR Easily Rent the Apartment for $800.00 per Month to offset your Mortgage Payment! $800.00 per Month in Rent pays for the FIRST $130,000.00 of the Mortgage!!! That's like Buying this Property for $359,000.00 ( These Figures are based on a 39 Year loan @ 6.25% Interest!!!)
Vital Statistics Purchase this Property at $489,000.00, (which is $70,000.00 below appraisal) put 10% as a Down Payment, and You will have a Mortgage amount of $440,100.00. The Principle and Interest payment on $440,100.00 @ 6.25% interest for a term of 30 Years is $2,709.77, MINUS the Rent of $800.00 per Month, leaves YOU with a Monthly P&I Payment of ONLY $1,909.77.
In Addition to the SAVINGS outlined above, there may be SUBSTANTIAL Tax Savings as the Rental portion of the Property could be a TAX WRITE-OFF; Of course you should always seek the advise of Certified Public Accountant or Tax Attorney, for details on the MANY tax savings this Rental could provide!!!
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** The Main House has 3 bedrooms w/Loft ** 2.5 Full Baths ** 2 Car Garage ** 2,000 Square Feet of living area (Main House) + A 500 SQFT Apartment Above the Garage ** Year built was 1994 ** Hardwood Flooring ** Nicely Landscaped + Brick Patio Area! ** |
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Professionally Marketed By: Richard C. Karr, Jr. ** Broker ** Karr Professional Group PA, along with Cameron Realty Call First: 321-698-9476 Office: 321-723-0055 Email: cameronrty@aol.com |
