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 $59,000 in gross revenue per year and is divided into a duplex with a detached ADU and boasts plenty… Read More of street and driveway parking.The 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 onsite 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
1
Last Updated
Property Type
Triplex
Beds
4
Square Ft.
1,699
Lot Size
0.19 Acres
Year Built
1940
MLS Number
O6391055
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Microwave, Range, Refrigerator
Building
Built in 1940, Living area: 1699, Living area units: Square Feet, Levels: One, Construction Materials: Block, Concrete
Cooling
Central Air
Exterior Features
Awning(s)
Fireplaces
Wood Burning
Floors
Carpet, Tile
Foundation
Slab
Heating
Electric
Income
Gross Income: $66,000
Interior Features
Ceiling Fans(s), Open Floorplan
Laundry
Common Area
Lot
0.19 acres, Sidewalk
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 30-22-30-7656-01-250, Public Survey Range: 30, Public Survey Section: 30, Annual Amount: $9,732, Tax Block: A, Tax Book Number: G-22, Legal Description: REPLAT OF ROSARDEN G/22 LOT 25 BLK A, Lot: 25, Year: 2025, Zoning: R-2A/T/HP/
Tenant Pays
Electricity, Gas, Sewer, Water
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Water Connected, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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