Back on market due to buyer financing. Rare downtown investment opportunity! This income producing property is a triplex desirably nestled in Lake Cherokee/Delaney Park Historic District. Conveniently located within minutes of downtown Orlando including all the entertainment amenities such as the Dr. Philips Performing Arts Center, Amway Arena and the Orlando City Soccer stadium as well as Orlando Regional Medical Center, I-4 and 408. In the front building are two almost identical units, one located upstairs and one located downstairs. Both units are lined with wood floors, contain a formal living room, a dining room, 2 spacious bedrooms containing considerably sized closet space, a bathroom and bonus room. The third unit sits in the back of the complex and is equipped with one large bedroom, one bathroom, a full kitchen, formal living room and a dining room and is also lined with wood floors. Adjacent to the triplex is plenty of parking space as well as a parking garage for the convenience of all potential renters and attached is a porch for renters outdoor enjoyment. Come see the value this triplex has to offer and consider the returns you will reap from your investment. Two of the units are month to month and tenants have expressed interest in renewing. The third unit is under lease. Sellers not renewing two front leases so new owner can have control of new lease terms. Insurance $2,600/yr. Current rents are $3,910/mo. Front building can be converted to a single family home.

  • MLS# O5793169
  • Sub-Type Resale
  • Status Active
  • Year 1945
  • Days On Site 33
SQ Feet 3,116
Units 3
Building(s) 2
Listing Provided By:
Robbie Rodriguez  of  RE MAX DOWNTOWN
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $574,900
80.25%
$318,950 in 32806
this listing 3,116 SqFt
115.79%
1,444 SqFt in 32806
this listing $184 $/SqFt
16.52%
$221 $/SqFt in 32806
this listing 33 on site
65.08%
94.5 on site in 32806

Location

State FL
County Orange
City ORLANDO
Zip Code 32806
Area 32806 - Orlando/Delaney Park/Crystal Lake

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