Active

$749,000

Features:
  • 5 Bedrooms
  • 3 Bathrooms
  • 1124 sq ft
Overview
  • ID: MFRO6387554
  • Bedrooms: 5
  • Bathrooms: 3
  • Size: 1124 sq ft
Property Details
Remarks
BRAND NEW ROOF JUST INSTALLED AUGUST 2025!!! A Fantastic Income-Producing Opportunity in One of Orlando’s Most Vibrant and Central Neighborhoods. This Spacious Two-Story Property Features 5 Bedrooms and 3 Bathrooms, Configured as Upstairs: 3 Bedrooms / 2 Bathrooms and Downstairs: 2 Bedrooms / 1 Bathroom, Plus a One-Car Garage and Carport—Perfect for Investors or Multi-Generational Living. The Home is Currently Split into Two Units: The Downstairs 2 Bed / 1 Bath Unit is Rented to a Long-Term Tenant with Proven Stability—Tenant has been in Place for 8 Years, Paying $1,500/Month with a Current Lease Running Through 12/31/2025. The Upstairs 3 Bed / 2 Bath Unit is Larger, Currently Vacant, and Ready for Owner-Occupancy or Additional Rental Income, with Market Rent Potential of Approximately $3,000/Month. Tenants are Responsible for Utilities (Electric and Water) as well as Internet/Cable, Helping Maximize Your Net Return. The Upstairs Unit Offers Great Potential for Owner-Use or to Generate Strong Income in this High-Demand Area. The Property Boasts Excellent Curb Appeal with a Beautifully Landscaped Front Yard and a Bright, Open-Concept Interior. Inside You’ll Find a Spacious Living Room, Modern Kitchen with Stainless Steel Appliances, and Large Bedrooms Including a Primary Suite with Private Bathroom. The Backyard Features a Peaceful Patio—Ideal for Relaxing or Entertaining. Located Minutes from Downtown Orlando, Shops, Restaurants, Parks, and Major Highways, This Property Combines Urban Convenience with Long-Term Investment Potential. Don’t Miss This Income Property in a Prime Orlando Location!
Financial Considerations
Price:
$749,000
HOA Fee:
N/A
Tax Amount:
$10876.94
Price per SqFt:
$666.37
Tax Legal Description:
3RD ADDITION MT VERNON HEIGHTS O/96 LOT9 BLK B
Exterior Features
Lot Size:
5162
Lot Features:
Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
3
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Tile, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1949
Construction Type:
Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Other, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    1312 BELGRADE AVE
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