Introducing a rare-to-market tri-plex that offers an exceptional turn-key investment opportunity in the heart of Orlando’s bustling Milk District! Situated on a large, picturesque corner lot, this multi-family property currently generates $66,000 in gross revenue per year and is divided into a duplex with a detached ADU and boasts plenty of street and driveway parking.The… Read More spacious two-bedroom, one-bathroom unit was updated in 2022 with new cabinets, quartz countertops, carpet, bathroom vanity, and fresh paint. The one-bedroom, one-bathroom unit features newer kitchen cabinets and countertop, quality appliances and a fireplace. The duplex shares central AC, which was replaced in 2023. The quaint and cozy detached studio ADU includes tile floor, renovated bathroom, AC installed in 2024 and a new water heater from 2023. All units share an on-site laundry room equipped with a new washer and dryer replaced in 2024. A highlight of this property is the shared courtyard, featuring a bird fountain, creating a common area perfect for camaraderie and gatherings. LOCATION, LOCATION, LOCATION defines this incredible investment! Just steps away from core Milk District establishments such as Sideward Brewing, Otto's, and Stasio's Italian Kitchen, this property is easily walkable to cultural events at Festival Park & the Plaza Live, as well as Thornton Park & Lake Eola. Enjoy convenient shopping at Colonial Town Plaza, grocery options like Publix & Aldi, gyms, trendy coffee shops, and more! Plus, with easy access to the 408 Expressway, you're just a 20-25 minute drive from Orlando International Airport. This property has proven itself as an excellent long-term investment with high gross rents with additional room for growth, strong property price appreciation, low vacancy rates and very low operating costs. Don’t miss out on this exciting opportunity—schedule your showing today and explore all the benefits and features this incredible property has to offer! Read Less
Courtesy of COMPASS FLORIDA LLC 407-203-9441
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,699
Lot Size
0.19 Acres
Year Built
1940
MLS Number
O6276708
30 Days Snapshot Of 32803
$576k
-29%
(avg) sold price
21
+5%
homes sold
43
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 157.84, Room Count: 3, Building Area Total: 2159, Building Area Units: Square Feet, Construction Materials: "Block", "Concrete", Direction Faces: South, Levels: "One", Living Area: 1699, Stories Total: 1, Year Built: 1940
Lot
Lot Size Square Meters: 779, Total Acreage: 0 to less than 1/4, Features: "Sidewalk", 0.19 acres, 8389 square feet
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