Three small rentals on a double lot. This Orlando property is rare: three homes on one double lot with R-2 zoning. Bustling area. Each unit has separate meters and upgraded electric panels. There are two sports arenas nearby. The prime location, near Amway Arena, Orlando Regional Medical Center, and… Read More the Amazon Warehouse, ensures strong rental demand. While the homes require significant work, debris clean-up, and lack HVAC, the current low rents present a substantial opportunity for increased income after renovations. Despite these drawbacks and the adjacent auto mechanic shop, the unique triplex configuration in a desirable location making this a compelling investment with significant upside potential for higher rental yields. This is a rare opportunity to acquire a multi-unit property in the highly sought-after Orlando hub. Per seller, potential commercial rezoning is possible. Read Less
Courtesy of ANCHOR FLORIDA REALTY LLC 813-245-4412
Listing Snapshot
Days Online
51
Last Updated
Property Type
Single Family Residence
Beds
7
Full Baths
3
Square Ft.
2,516
Lot Size
0.33 Acres
Year Built
1936
MLS Number
TB8375014
30 Days Snapshot Of 32805
$302k
+15%
(avg) sold price
10
-33%
homes sold
59
-45%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 233.74, Room Count: 4, Building Area Total: 2516, Building Area Units: Square Feet, Construction Materials: "Frame", Direction Faces: West, Levels: "One", Living Area: 2516, Year Built: 1936
Lot
Lot Size Square Meters: 1333, Total Acreage: 1/4 to less than 1/2, 0.33 acres, 14352 square feet
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