Introducing a rare to market tri plex that offers an exceptional "turn key" investment opportunity in the heart of Orlandos bustling Milk District! Situated on a large, picturesque corner lot, this multi family property currently generates $59,000 in gross revenue per year and is divided into a duplex with a detached ADU and boasts plenty of street and driveway parking.The spacious two bedroom, one bathroom unit was updated in 2022 with new cabinets, quartz countertops, carpet, bathroom vanity, and fresh paint. The one bedroom, one bathroom unit features newer kitchen cabinets and countertop, quality appliances and a fireplace. The duplex shares central AC, which was replaced in 2023. The quaint and cozy detached studio ADU includes tile floor, renovated bathroom, AC installed in 2024 and a new water heater from 2023. All units share an onsite laundry room equipped with a new washer and dryer replaced in 2024. A highlight of this property is the shared courtyard, featuring a bird fountain, creating a common area perfect for camaraderie and gatherings. LOCATION, LOCATION, LOCATION defines this incredible investment! Just steps away from core Milk District establishments such as Sideward Brewing, Otto's, and Stasio's Italian Kitchen, this property is easily walkable to cultural events at Festival Park & the Plaza Live, as well as Thornton Park & Lake Eola. Enjoy convenient shopping at Colonial Town Plaza, grocery options like Publix & Aldi, gyms, trendy coffee shops, and more! Plus, with easy access to the 408 Expressway, you're just a 20 25 minute drive from Orlando International Airport. This property has proven itself as an excellent long term investment with high gross rents with additional room for growth, strong property price appreciation, low vacancy rates and very low operating costs. Dont miss out on this exciting opportunityschedule your showing today and explore all the benefits and features this incredible property has to offer!
Introducing a rare to market tri plex that offers an exceptional "turn key" investment opportunity in the heart of Orlandos bustling Milk District! Situated on a large, picturesque corner lot, this multi family property currently generates $59,000 in gross revenue per year and is divided into a duplex with a detached ADU and boasts plenty of street and driveway parking.The spacious two bedroom, one bathroom unit was updated in 2022 with new cabinets, quartz countertops, carpet, bathroom vanity, and fresh paint. The one bedroom, one bathroom unit features newer kitchen cabinets and countertop, quality appliances and a fireplace. The duplex shares central AC, which was replaced in 2023. The quaint and cozy detached studio ADU includes tile floor, renovated bathroom, AC installed in 2024 and a new water heater from 2023. All units share an onsite laundry room equipped with a new washer and dryer replaced in 2024. A highlight of this property is the shared courtyard, featuring a bird fountain, creating a common area perfect for camaraderie and gatherings. LOCATION, LOCATION, LOCATION defines this incredible investment! Just steps away from core Milk District establishments such as Sideward Brewing, Otto's, and Stasio's Italian Kitchen, this property is easily walkable to cultural events at Festival Park & the Plaza Live, as well as Thornton Park & Lake Eola. Enjoy convenient shopping at Colonial Town Plaza, grocery options like Publix & Aldi, gyms, trendy coffee shops, and more! Plus, with easy access to the 408 Expressway, you're just a 20 25 minute drive from Orlando International Airport. This property has proven itself as an excellent long term investment with high gross rents with additional room for growth, strong property price appreciation, low vacancy rates and very low operating costs. Dont miss out on this exciting opportunityschedule your showing today and explore all the benefits and features this incredible property has to offer!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Awning(s), Other
Flooring: Carpet, Tile
Living Area: 1699.00
Roof: Shingle
Land Information
Lot Features: Sidewalk
School Information
High School: Edgewater High
Middle School: Lake Como School K-8
School Elementary: Lake Como Elem
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Electric
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Rental Information
Tenant Pays: Electricity, Gas, Sewer, Water
Other Features
Appliances: Microwave, Range, Refrigerator
Country: US
Interior Features: Ceiling Fans(s), Open Floorplan
Legal Description: REPLAT OF ROSARDEN G/22 LOT 25 BLK A
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.