1529 INDIANA STREET ORLANDO, FL 32805
$375,000
7 Beds
3 Baths
2516 sqft
MLS#
TB8375014
Type
Single Family Residence
Status
Active Listing
Square Footage
2,516
Bedrooms
7
Bathrooms
3 full
Year Built
1936
Tax Amount
$2,799
Property Description
Three small rentals on a double lot. This Orlando property is rare: three homes on one double lot with R-2 zoning. Bustling area. Each unit has separate meters and upgraded electric panels. There are two sports arenas nearby. The prime location, near Amway Arena, Orlando Regional Medical Center, and the Amazon Warehouse, ensures strong rental demand. While the homes require significant work, debris clean-up, and lack HVAC, the current low rents present a substantial opportunity for increased income after renovations. Despite these drawbacks and the adjacent auto mechanic shop, the unique triplex configuration in a desirable location making this a compelling investment with significant upside potential for higher rental yields. This is a rare opportunity to acquire a multi-unit property in the highly sought-after Orlando hub. Per seller, potential commercial rezoning is possible.
Cooling:Wall/Window Unit(s)
Other
Private Mailbox
Ceiling Fan(s)
Solid Surface Counters
Solid Wood Cabinets
Window Treatments
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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