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