Homes for sale - 1529 INDIANA ST, Orlando, FL 32805

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Mike McGraw

mikemcgrawrealestate@gmail.com +1(407) 399-4823

$375,000

Est. payment - /mo

7 Beds

3 Baths

2,516 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $149

Subdivision Rio Vista

MLS Listing ID TB8375014

Bedrooms 7

Full Baths 3

Construction Status Fixer

HOA Y/N No

Year Built 1936

Annual Tax Amount $2,799

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Single Family Residence

Source Stellar MLS

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.

Location

State FL

County Orange

Community Rio Vista

Area 32805 - Orlando/Washington Shores

Zoning R-2

Interior

Interior Features Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Window Treatments

Heating Ductless

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplace false

Appliance Dryer, Microwave, Range, Refrigerator, Washer

Laundry Electric Dryer Hookup, Inside, Washer Hookup

Exterior

Exterior Feature Other, Private Mailbox

Utilities Available Cable Connected, Electricity Connected

Roof Type Metal,Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Construction Status Fixer

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8375014

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Listed by ANCHOR FLORIDA REALTY LLC

Learn More About LPT Realty

Mike McGraw

+1(407) 399-4823

Broker Associate | License ID: BK646494

Broker Associate License ID: BK646494

1529 INDIANA ST Orlando, FL 32805

Mike McGraw

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

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1529 INDIANA ST