Welcome to 1216 Virginia Dr, a prime cash-flowing investment opportunity located in the heart of Downtown Orlando! This 8-unit multifamily property offers unbeatable location appeal, just minutes from top restaurants, shopping, and entertainment in one of Orlando’s most vibrant and walkable neighborhoods. The building is remodeled, offering a strong mix of updated interiors and long-term upside. 6 out of 8 units feature in-unit laundry, a highly desirable amenity that commands higher rents and reduces turnover. The property has been well maintained, with significant updates already completed—ideal for investors looking for immediate returns with minimal effort. With strong rental history and solid in-place income, this is your chance to own a turn-key asset in one of Central Florida’s most sought-after urban cores. Don't miss out on this rare opportunity in the Downtown Orlando market
Financial Considerations
Price:
$1,700,000
HOA Fee:
N/A
Tax Amount:
$27661
Price per SqFt:
$316.22
Tax Legal Description:
1ST ADDITION MT VERNON HEIGHTS E/88 LOT1 (LESS S 2 FT & N 15 FT) BLK C