Introducing a rare-to-market tri-plex that offers an exceptional "turn-key" investment opportunity in the heart of Orlando’s bustling Milk District! Situated on a large, picturesque corner lot, this multi-family property currently generates $66,000 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 on-site 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. Don’t miss out on this exciting opportunity—schedule your showing today and explore all the benefits and features this incredible property has to offer!
Assessed Value is a combination of the land and additions.
2023
$7,920
(+20.61%)
$259,263
Land 185,000 +
Additions 260,535
2021
$6,567
(+45.34%)
$347,864
Land 155,000 +
Additions 192,864
2018
$4,518
(+4.57%)
$259,263
Land 155,000 +
Additions 104,263
2017
$4,321
(+6.07%)
$256,746
Land 155,000 +
Additions 101,746
2016
$4,074
$254,266
Land 155,000 +
Additions 99,266
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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