Active

$815,000

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 1699 sq ft
Overview
  • ID: MFRO6277599
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 1699 sq ft
Property Details
Remarks
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 1,699 sq foot duplex with a detached 460 sq foot ADU not shown on public records for a total of 2,159 square feet & plenty 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 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!
Financial Considerations
Price:
$815,000
HOA Fee:
N/A
Tax Amount:
$8877.57
Price per SqFt:
$479.69
Tax Legal Description:
REPLAT OF ROSARDEN G/22 LOT 25 BLK A
Exterior Features
Lot Size:
8389
Lot Features:
Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Electric
Cooling:
Central Air
Appliances:
Microwave, Range, Refrigerator
Furnished:
No
Floor:
Carpet, Tile
Levels:
One
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1940
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Awning(s), Other
Additional Features 2:
N/A
Map
  • Address
    1921 E JEFFERSON ST
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