Active

$850,000

Features:
  • 6 Bedrooms
  • 3 Bathrooms
  • 2472 sq ft
Overview
  • ID: MFRO6430470
  • Bedrooms: 6
  • Bathrooms: 3
  • Size: 2472 sq ft
Property Details
Remarks
Investor opportunity in a high-demand infill location between Baldwin Park and Downtown Orlando! This fully occupied triplex offers three separately rented 2-bedroom, 1-bath units—6 bedrooms and 3 bathrooms in total—providing immediate rental income from day one. The single-story block property offers approximately 2,472 square feet of living area on a corner lot of approximately 0.27 acre. Each residence features durable tile flooring and its own separate laundry room, creating a practical layout for tenants and easier ongoing maintenance for ownership. Important capital improvements include repiping and electrical updates to all three units in 2021, one septic system replaced in 2022, the second septic system serviced/pumped in 2025, and a new A/C system in Unit 5214.Rood 2015 Location is a major advantage. The property is positioned near Baldwin Park’s restaurants, shopping, parks and recreation, while Downtown Orlando is only minutes away. Convenient access to Colonial Drive and SR 408 connects residents to employment centers, healthcare, shopping and entertainment throughout Central Florida. With all three units occupied, separate living spaces and major systems already improved, this property is well positioned for an investor seeking current income, simplified maintenance and lasting rental appeal in the heart of Orlando. This is a beautiful community surruonded for homes, waliking and byke trails. Please do not disturb tenants. Showings by appointment only. Buyer to independently verify leases, rents, deposits, expenses, measurements, permits, zoning and all information material to the purchase.
Financial Considerations
Price:
$850,000
HOA Fee:
N/A
Tax Amount:
$7226
Price per SqFt:
$343.85
Tax Legal Description:
SECOND ADDITION TO JAMAJO J/133 LOT 1 &N 33.5 FT OF LOT 2 BLK C SEE 4030/913
Exterior Features
Lot Size:
11874
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
3
Heating:
None
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1979
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard, None
Additional Features 2:
N/A
Map
  • Address
    5214 JOSEPHINE ST
Contact a Professional
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  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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