511 Christor Pl Orlando, Florida 32803
PURCHASE PRICE: $329,000 + Closing Costs
Gross ROI: 12.35 % Equity: $106,875
YEAR BUILD: 1926/1975
2/1 Above the carport unit
This is a rare opportunity to own a triplex in Downtown Orlando, located in Historic Eola Heights neighborhood. It sits just one block from the Eola Market and two blocks from Lake Eola. Walking distance to Thornton Park, Downtown, and all that Orlando city life offers!! Great area for rentals, with renovated 1/1 units going for over 1300/month and renovated 2/1 units going for over 1600/month. Although the units do need some work, the returns should be great once it has been renovated and rented. The main home consists of two units which are separately metered. Upstairs is a 1/1 with kitchen, bath, and laundry area. Downstairs is also a 1/1 with kitchen, bath, and its own laundry room. 3rd unit is an above-the-carport 2/1 with two parking spaces below. That unit had a small fire at the staircase.
“ESTIMATES ARE BASED ON ANALYSIS AND OPINION. ACTUAL REPAIRS, RENTS, AND VALUES MAY VARY. KONA IS NOT A LICENSED APPRAISER AND/OR CONTRACTOR”
Available on 08.20.2020
Don’t let this excellent opportunity pass you by! Get it yours now!