$1,200,000
$1,600,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
3,740 SqFt
SOLD DATE : 03/18/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,740 sqft
Price per Sqft $320
Subdivision Eola Park Heights
MLS Listing ID O6162305
Sold Date 03/18/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1935
Annual Tax Amount $10,411
Lot Size 0.330 Acres
Acres 0.33
Property Description
Welcome to your ideal investment opportunity in downtown Orlando, nestled near the iconic Lake Eola and the vibrant Central Business District. This 6 unit multi-family investment is a prime real estate gem, comprising five meticulously upgraded in 2014, 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 2-bathroom residence. Located in a sought-after neighborhood, this property promises both modern comfort and a lucrative investment. Convenience is key, and this property delivers with an on-site coin laundry facility, ensuring an additional stream of income for the savvy investor. The inclusion of a versatile shed adds further value, providing either an opportunity for additional rental income or a convenient personal storage space. The units come with established tenants, offering immediate and reliable rental income (rent can be set to your desired amount within market value). Whether you're a seasoned investor or looking to embark on your real estate journey, this multi-family investment unit in downtown Orlando presents a unique opportunity to own a well-maintained and upgraded property.
Location
State FL
County Orange
Community Eola Park Heights
Zoning R-2B/T/HP
Interior
Cooling Other
Building
Foundation Other
Lot Size Range 1/4 to less than 1/2
Structure Type Wood Frame
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
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Bought with EXP REALTY LLC
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