Active

$1,250,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 3247 sq ft
Overview
  • ID: MFRO6368205
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 3247 sq ft
Property Details
Remarks
Well-maintained 6-unit multifamily property located in the highly desirable Lake Davis-Greenwood neighborhood of Downtown Orlando. Situated on a beautiful corner lot with a large on-site parking area, this property offers a rare combination of neighborhood charm and urban convenience. The property benefits from strong historical leasing activity, excellent long-term tenants, and consistent demand driven by its prime location near Downtown Orlando, Thornton Park, Lake Eola, dining, entertainment, and major employment centers. Zoned for Lake Como School (PK-8) and Boone High School, both well-regarded schools that further support long-term rental stability and tenant appeal. The Lake Davis-Greenwood area is known for its tree-lined streets, proximity to Lake Davis, and established residential character. Clear upside through natural rent growth in such a demanding location. Operating expenses are efficient, and the property has been well cared for with no deferred maintenance. Ideal for investors seeking a turn-key asset in one of Downtown Orlando’s most sought-after residential neighborhoods. Rare opportunity with on-site parking, strong location fundamentals, and long-term income potential.
Financial Considerations
Price:
$1,250,000
HOA Fee:
N/A
Tax Amount:
$12847
Price per SqFt:
$384.97
Tax Legal Description:
I W PHILLIPS SUB E/65 THE W 110 FT OF LOTS 1 & 2
Exterior Features
Lot Size:
12893
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1984
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
N/A
Map
  • Address
    1200 PALMER ST
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