Sold
875 MILES AVE #4
WINTER PARK FL, 32789
$2,925,000
$1,579.37 per sqft
Sold
18 Beds
18 Baths
1,852 sqft
Multi-family
Built in 2005
Welcome to your income-producing oasis in the heart of Winter Park! These exclusive townhomes complex boasts six units, providing a rare opportunity for full control with no HOA fees. Each unit offers three bedrooms and two and a half bathrooms, fully upgraded to meet the highest standards of modern living,
In addition 2 car garage , large upper patio and a fenced backyard.
Recent renovations include a brand-new roof, redone in March 2021, ensuring durability and peace of mind for years to come. Select units feature new HVAC systems and water heaters, adding to the appeal of this investment opportunity.
Strategically positioned, this property is a mere 5-15 minutes away from Downtown Orlando, the Mills District, and Downtown Winter Park, offering unparalleled convenience and access to the vibrant pulse of the city. Despite its prime location, all leases are currently under market value, presenting a promising chance to maximize returns.
Currently fully occupied, these units offer below-market rents, making them an attractive proposition for investors seeking immediate cash flow. The updated interiors ensure tenant satisfaction and minimal maintenance, allowing you to build your portfolio effortlessly.
Situated in the bustling Winter Park area, this property is surrounded by a myriad of shopping, dining, and entertainment options, catering to the diverse needs of tenants. Additionally, its close proximity to Rollins College adds to its appeal, attracting a steady stream of potential renters seeking convenience and quality living.
Don't miss out on this exceptional opportunity to own six income-producing properties in one of Winter Park's most sought-after locations. Seize the chance to secure your financial future with this lucrative investment. Schedule a viewing today and experience the essence of effortless property ownership!
O6201347
MLSⓇ ID
May 2, 2024
Listed
November 22, 2024
Updated
Map
875 MILES AVE #4
WINTER PARK FL, 32789
Interior Features
Bedrooms
18
Total Bathrooms
18
Interior Features
Ceiling Fans(s), Crown Molding, Primary Bedroom Upstairs, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry Description
Laundry Closet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.06 Acres
Exterior Features
Balcony, Fence
Roof
Cement, Tile
Sewer
Public Sewer
Other Property Details
Area Name
32789 - Winter Park
Taxes
$4,757
Tax Frequency
Annually
Days on Market
36
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
12
View
No
County
Orange
Municipality
22
Water Source
Public
Pool
No
Zoning
R-3
Listing History
Date | Event | Price |
---|---|---|
10/29/2024 | Sold | $2,925,000 |
9/3/2024 | Pending | — |
8/5/2024 | Active | — |
Listed by HPL REALTY INVESTMENTS
Listing Contact: 321-945-2367
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Data last updated 11/22/2024, 7:50 AM UTC