Under contract-accepting backup offers. Well-maintained 8-unit multifamily property in a desirable Orlando location. The building consists of four 1/1 units and four 2-bedroom units, featuring two distinct 2-bedroom layouts, providing a strong and diversified unit mix. Constructed of solid concrete block, the property has a new roof installed in 2024… Read More and fresh interior paint, reflecting pride of ownership and limited near-term capital needs. The property is situated on a corner lot with excellent parking, including reserved spaces for all units: one space per 1/1 unit and two reserved spaces for each 2-bedroom unit, plus additional street parking along Elmwood. The two-story stacked flat layout includes clean, recently input a new stairwell and well-maintained common areas. The property benefits from a history of long-term tenants with minimal turnover, contributing to stable occupancy and consistent income. Located in an area known for excellent schools, the property experiences strong tenant demand and durability across market cycles. Current rents provide solid in-place income with potential upside, making this an ideal opportunity for an investor seeking a clean, stabilized small multifamily asset in a supply-constrained market. Cash buyers only! Read Less
Courtesy of OLDE TOWN BROKERS INC 407-425-5069
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multi-Family 5+
Square Ft.
6,025
Lot Size
0.31 Acres
Year Built
1966
MLS Number
O6394900
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Other equipment: Irrigation Equipment
Building
Built in 1966, Living area: 6025, Living area units: Square Feet, Construction Materials: Block
Cooling
Central Air
Exterior Features
Balcony, Courtyard, Dog Run, Fence, Lighting
Foundation
Slab
Heating
Central
Interior Features
Living Room/Dining Room Combo
Laundry
Inside
Lot
0.31 acres
Roof
Membrane
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 36-22-29-1040-00-130, Public Survey Range: 29, Public Survey Section: 36, Annual Amount: $17,397, Tax Block: 00, Tax Book Number: 1040, Legal Description: BUNGALOW PARK G/52 LOTS 13 & 14, Lot: 13, Year: 2024, Zoning: R-2B/T/AN
Utilities
Cable 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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