2577 LAKE LILLIAN DRIVE AVON PARK, FL 33825

$265,000

8 Beds

5.5 Baths

3970 sqft

Property Details

MLS#

C7529754

Type

Single Family Residence

Status

Active Listing

Square Footage

3,970

Bedrooms

8

Bathrooms

5 full | 1 half

Year Built

1926

Tax Amount

$2,016

Property Description

Welcome to 2577 Lake Lillian Dr - A truly unique and remarkable real estate opportunity! Nestled across the street from the picturesque Lake Lillian, this property boasts not one, but three distinct homes!, offering a myriad of possibilities for a savvy investor or a homeowner looking for additional rental income. With a little TLC, this historic gem has the potential to shine like a diamond in the rough. MAIN HOME: The centerpiece of this property is a charming two-story, 3-bedroom, 2-bathroom home built in 1926. Spanning 1,500 square feet, it features a spacious living room, a formal dining room, and a well-appointed kitchen. The large screened-in back patio provides a perfect spot for enjoying the serene outdoors. Additional convenience is provided by the covered carport, ensuring protection for your vehicles. SECOND HOME: Adjacent to the main house, there is another two-story dwelling, also constructed in 1926. This secondary home offers 2 bedrooms, 1.5 bathrooms, and a versatile bonus room, providing over 1,000 square feet of living space. What makes this home particularly unique is the garage, thoughtfully converted into a 400-square-foot studio apartment. With its own private entrance, bathroom, and living space, it presents a fantastic opportunity for rental income or accommodating extended family. THIRD HOME: The newest addition to this property is a single-story home built in 1950. This 2-bedroom, 1-bathroom residence offers 952 square feet of living space. The living room of this home affords breathtaking views of Lake Lillian, providing a soothing and tranquil atmosphere. Additionally, the spacious backyard offers endless potential, and two more carports further add to the utility of the property. Investment Opportunity: Priced at only $86,000 for each home, this property presents a compelling investment and rental opportunity. Whether you're considering long-term rentals, vacation rentals, or even a multi-generational living arrangement, this property offers the versatility to cater to various needs.

Amenities

Cooling:Central Air, Wall/Window Unit(s)

Storage

Living Room/Dining Room Combo

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