Active

$1,700,000

Features:
  • 14 Bedrooms
  • 7 Bathrooms
  • 5376 sq ft
Overview
  • ID: MFRS5135466
  • Bedrooms: 14
  • Bathrooms: 7
  • Size: 5376 sq ft
Property Details
Remarks
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
Exterior Features
Lot Size:
12333
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
14
Bathrooms:
7
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1955
Construction Type:
Block, Other
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
    1216 VIRGINIA DR
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