Listing by: Drew Belani, COMPASS FLORIDA LLC, 407-203-9441

4 Beds

2 Full baths

1,699 SqFt

Active

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!

Property Details
Price $899,000
Bedrooms 4
Full Baths 2
Half Baths 0
Lot Size Area 8389
Lot Size Area Units Square Feet
Acres 0.19
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Ceiling Fan(s), Open Floorplan
Exterior Features Awning(s), Other
Year Built 1940
Subdivision ROSARDEN REP
Roof Shingle
Heating Electric
Foundation Slab
Lot Description Sidewalk
Laundry Features Common Area
Geographic Data
Directions From Orange Ave, turn left onto S Orlando Ave, then left on E Robinson Street, right onto N Hampton St and right onto E Jefferson St. Property will be on your right.
County Orange
Latitude 28.54522
Longitude -81.356251
Market Area 32803 - Orlando/Colonial Town
Address Information
Address 1921 E Jefferson STREET, ORLANDO, FL 32803
Postal Code 32803
City ORLANDO
State FL
Country United States
Listing Information
Listing Office COMPASS FLORIDA LLC
Listing Office Phone 407-203-9441
Listing Agent Drew Belani
Listing Agent Phone 407-203-9441
Special listing conditions None
Ownership Fee Simple
Terms Cash, Conventional, FHA, VA Loan
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/O6276708
School Information
Elementary School Lake Como Elem
Middle School Lake Como School K-8
High School Edgewater High
MLS® Information
Days on market 0
MLS® Status Active
Listing Date Feb 3, 2025
Listing Last Modified Feb 5, 2025
Tax ID 302230765601250
Tax Year 2024
Tax Annual Amount 8877
MLS® Area 32803 - Orlando/Colonial Town
MLS® # O6276708

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This information is believed to be accurate, but without any warranty.