1529 INDIANA ST, ORLANDO, FL, 32805
$375,000
Residential
|
Bedrooms
7
|
Bathrooms
3
|
Living Area
2,516 Sqft
|
Lot Size
14,352 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8375014 | Year Built: | 1936 | |
| Appliances: | Dryer, Microwave, Range, Refrigerator, Washer | Construction Materials: | Frame | |
| Cooling: | Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Orange | Direction Faces: | West | |
| Exterior Features: | Other, Private Mailbox | Flooring: | Carpet, Laminate, Tile | |
| Foundation Details: | Crawlspace, Slab | Heating: | Ductless | |
| Laundry Features: | Electric Dryer Hookup, Inside, Washer Hookup | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Other | |
| Occupant Type: | Tenant | Property Condition: | Fixer | |
| Property Sub Type: | Single Family Residence | Property Type: | Residential | |
| Road Surface Type: | Paved | Roof: | Metal, Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Appointment Only, No Lockbox | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Connected, Electricity Connected | |
| Water Source: | Public | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Primary Bedroom: | 10x11 ft | Primary Bathroom: | 6x7 ft | |
| Living Room: | 11x12 ft | Kitchen: | 8x9 ft | |
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