UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 6,025 sqft
Price per Sqft $298
Subdivision Bungalow Park
MLS Listing ID O6371835
HOA Y/N No
Year Built 1966
Annual Tax Amount $17,397
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
The property is situated on a corner lot with excellent parking, including reserved spaces for all units: one space per 1/1 unit and two reserved spaces for each 2-bedroom unit, plus additional street parking along Elmwood. The two-story stacked flat layout includes clean, recently input a new stairwell and well-maintained common areas.
The property benefits from a history of long-term tenants with minimal turnover, contributing to stable occupancy and consistent income. Located in an area known for excellent schools, the property experiences strong tenant demand and durability across market cycles. Current rents provide solid in-place income with potential upside, making this an ideal opportunity for an investor seeking a clean, stabilized small multifamily asset in a supply-constrained market. Cash buyers only!
Location
State FL
County Orange
Community Bungalow Park
Area 32801 - Orlando
Zoning R-2B/T/AN
Interior
Interior Features Living Room/Dining Room Combo
Heating Central
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature Balcony, Courtyard, Dog Run, Fence, Lighting
Utilities Available Cable Connected
Roof Type Membrane
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Blankner Elem
High Schools Boone High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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