Property Attributes
- MLS#O6213213
- TypeIncome
- CountyORANGE
- CityORLANDO
- AreaOrlando-Pine Hills
- NeighborhoodLake Lawne Shores Annex
- Zip32808
- StyleTriplex
- Year Built1958
- Taxes$ 2286
- Price$ 449,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2186
- Lot Size0.2 Acres
Data Source:
Stellar MLS
Property Description
11.71 CAP rate on this Beautifully renovated 3-Unit Income Producing Property. No HOA! New roof & soffits, New AC, Electrical updates, New 50 gal hot water heater, New tile flooring throughout all 3 units, New kitchen cabinets and bathrooms in all units. EVERYTHING is new except for the Blocks! Very tastefully and professionally updated throughout. ALL three units currently rented. 3/1, 2/1 & 1/1 units. This property is nicely done, you will not have to do a thing to this property. Rear concrete block building has electric and water access just outside. Building is approx. 20X24 with great potential of finishing into a beautiful 4th unit! This could easily bring an additional $1100+/month. Owner currently uses for storage. Gross Income $57,000, Net Income $52, 714. CAP rate 11.71 (Net monthly income: $4393) Units B & C have 6 month lease, Unit A has one year lease. Located in Orlando City Limits, very close to public bus, eateries, shops, 30 MINS to Orlando International Airport, 30 MINS to Walt Disney, 23 mins to UCF AND JUST 3.5 Miles to Valencia State college. Tenant Occupied, please do not contact tenants must call to make appointment. Thank you
Elementary School | Middle School | High School |
---|---|---|
Rock Lake Elem | Carver Middle | Jones High |
Price History | |
---|---|
6/10/2024 | Listed $449,500 |
General Features
Interior Features | Ceiling Fan(s),Living Room/Dining Room Combo,Open Floorplan |
---|---|
Sewer | Public Sewer |
Heating | Central,Electric |
Cooling | Central Air |
Utilities | BB/HS Internet Available,Cable Available,Electricity Connected,Public,Sewer Connected,Water Connected |
Roof | Shingle |
Appliances | Dryer,Microwave,Range,Refrigerator,Washer |
Exterior Features | Outbuilding,Fenced,Private Mailbox |
Zoning | R-1/W |
Patio/Porch Features | Covered,Enclosed,Front Porch,Patio,Porch,Screened |
Construction Materials | Block,Stucco |
Year Built | 1958 |
Tenant Pays | Electricity,Water |
Levels | One |
Property SubType | Triplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Orange |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | LAKE LAWNE SHORES ANNEX |
Garage Y/N | No |
Other Structures | Outbuilding,Storage |
Status | Active |
Directions | Colonial Drive to North on Mercy Dr. see Brinell Ave on the right,Property is 4025 on the left. |
ModificationTimestamp | 2024-06-23T19:59:52.737Z |
High School | Jones High |
City | ORLANDO |
Buyer Agent Compensation | 2.0 |
Disclosures | Lead Paint |
View Y/N | No |
Senior Community Y/N | No |
NumberOfUnitsTotal | 3 |
MLS Area | 32808 - Orlando/Pine Hills |
Lot Size Units | Square Feet |
Lot Size Square Feet | 8811 |
Waterfront Y/N | No |
Carport Y/N | No |
Elementary School | Rock Lake Elem |
Land Lease Y/N | No |
Tax Annual Amount | 2286.03 |
Middle/Junior High School | Carver Middle |
Property Condition | Completed |
Additional Parcels Y/N | No |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6213213 |
Days on Market | 13 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Tax Lot | 5 |
Total Actual Rent | 4750 |
Legal Description | LAKE LAWNE SHORES ANNEX W/53 LOT 5 |
Minimum Lease | No Minimum |
Water Access Y/N | No |
Water View Y/N | No |
Flood Zone Code | X |
Interior Features
Flooring | Ceramic Tile |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Laundry Features | Common Area,Laundry Room |
LivingAreaSource | Public Records |
Exterior Features
Parking Features | Assigned,Curb Parking,Driveway |
---|---|
Lot Features | City Lot,Landscaped,Level,Near Public Transit,Private,Street Dead-End |
Water Source | Public |
Lot Size Area | 8811 |
Foundation Details | Block |
Number of Buildings | 1 |
Building Area Total | 3007 |
Lot Size Acres | 0.2 |
Road Surface Type | Paved,Asphalt |
Road Frontage Type | Street Dead-End,Street Paved |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool