$849,000 Price Analysis    ♡   Orlando, FL 32803 3 bed 3 bath 1,903 SqFt ($446/SqFt) 5,015SqFt lot. Built 1925 Listed 2023-07-28, Taxes $4,995 | Ⓧ USDA Ineligible due to price & location near Orlando |
Charming downtown triplex coming available now!
Welcome to this exceptional triplex located in the heart of Downtown Orlando, offering an ideal investment opportunity or a perfect owner-occupied residence with additional rental income. This property boasts three distinct 1-bedroom, 1-bathroom units, providing the best of urban living with an abundance of modern features. Unit 1 and Unit 2 have undergone recent renovations in 2021, making them move-in ready and a tenant's dream. Each unit has been thoughtfully updated with brand-new kitchens, residents can stay comfortable year-round with the newly installed AC units, ensuring a pleasant atmosphere regardless of the outside temperature. For added convenience, both units also feature in-unit full-size laundry facilities, making daily chores hassle-free. Unit 3 stands as the largest unit of the triplex and is a standout with its inviting screened balcony on the second floor.
This outdoor retreat is where tenants can relax, unwind and enjoy the pleasant Orlando weather. The unit's sizeble layout provides ample room for comfortable living and is sure to attract tenants seeking a tranquil and unique living experience. The location couldn't be more ideal, as this triplex is nestled in the vibrant and sought-after Downtown Orlando area. Residents will have easy access to an array of dining, entertainment and cultural options, as well as proximity to major transportation hubs, ensuring a convenient commute to any part of the city. Investors will appreciate the potential for steady rental income, given the prime location and the appeal of the recently remodeled units. Owner-occupiers will also find themselves living in one of the units while renting out the others, making this triplex an excellent financial prospect. Don't miss this incredible opportunity to own a triplex with two extensively renovated units and a spacious screened balcony in the heart of Downtown Orlando. Whether you're looking for an income-generating property or a stylish residence with additional rental potential, this triplex is a must-see. Schedule your showing today and experience the best of urban living in one of Orlando's most vibrant neighborhoods.
Presented by Parker Blanchard at
Olde Town Brokers.
Property MLS #O6129354 from StellarMLS
Full Bathrooms: 3
Heating Features: Central
Sidewalk
Road Surface Type: Asphalt
Lot Size Square Feet: 5015
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
High School: Edgewater High
Middle School: Lake Como School K-8
Map directions Map directions Map directionsLease Term: Minimum Lease: 7 Months
Tenant Pays: Electricity, Sewer, Trash Collection, Water
Source Listing Status: Active
County: Orange
Directions: From i4 head East on E Colonial Drive, and turn right on N Summerlin Ave, house is on right past Mount Vernon Street.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 32803 - Orlando/Colonial Town
Source Neighborhood: NEWKIRK SUB
Parcel Number: 25-22-29-5912-00-020
Postal Code Plus 4: 5300
Subdivision: NEWKIRK SUB
Township: 22
Zoning: R-2B/T/HP
Property Subtype: Triplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $104,009 + $166,500 $270,509 | $4,995 |
| 2021 | $71,532 + $166,500 $238,032 | $4,578 |
| 2020 | $74,637 + $166,500 $241,137 | $4,480 |
| 2019 | $76,161 + $166,500 $242,661 | $4,759 |
| 2018 | $89,674 + $166,500 $256,174 | $4,595 |
| 2017 | $88,222 + $150,000 $238,222 | $4,278 |
| 2016 | $86,429 + $138,000 $224,429 | $4,045 |
| 2015 | $unknown + $unknown $162,289 | $3,793 |
| 2014 | $unknown + $unknown $147,535 | $3,301 |
| 2013 | $unknown + $unknown $134,123 | $2,763 |
| 2012 | $unknown + $unknown $132,914 | $2,756 |
| 2011 | $unknown + $unknown $126,430 | $2,640 |
| 2010 | $unknown + $unknown $134,702 | $2,723 |
| 2009 | $unknown + $unknown $175,659 | $3,453 |
| 2008 | $unknown + $unknown $240,216 | $4,525 |
| 2007 | $unknown + $unknown $245,409 | $4,417 |
$849,000
StellarMLS
Listed 2023-07-28
$839,000
StellarMLS
Sold 2018-01-26
$300,000
Public Record
Sold 1989-11-01
$75,000
Public Record
Sold 1985-09-01
$75,000
Public Record
Year Built: 1925
Construction Materials: Wood Frame
Foundation Details: Crawlspace
Property Age: 99
Roof: Shingle
Cable Available
Cable Connected
Electricity Available
Electricity Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.