1123 Elmwood Street, Orlando, FL 32801
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  • MLS#: O6371835 ( ResidentialIncome )
  • Street Address: 1123 Elmwood Street
  • Viewed: 14
  • Price: $1,799,900
  • Price sqft: $237
  • Waterfront: No
  • Year Built: 1966
  • Bldg sqft: 7582
  • Days On Market: 4
  • Additional Information
  • Geolocation: 28.5361 / -81.3645
  • County: ORANGE
  • City: Orlando
  • Zipcode: 32801
  • Subdivision: Bungalow Park
  • Elementary School: Blankner Elem
  • High School: Boone
  • Provided by: OLDE TOWN BROKERS INC
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  • Description
    Well maintained 8 unit multifamily property in a desirable Orlando location. The building consists of four 1/1 units and four 2 bedroom units, featuring two distinct 2 bedroom layouts, providing a strong and diversified unit mix. Constructed of solid concrete block, the property has a new roof installed in 2024 and fresh interior paint, reflecting pride of ownership and limited near term capital needs. 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!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Courtyard, DogRun, Fence, SprinklerIrrigation, Lighting
  • Living Area: 6025.00
  • Roof: Membrane
School Information
  • High School: Boone High
  • School Elementary: Blankner Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central
  • Sewer: PublicSewer
  • Utilities: CableConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Country: US
  • Interior Features: LivingDiningRoom
  • Legal Description: BUNGALOW PARK G/52 LOTS 13 & 14
  • Area Major: 32801 - Orlando
  • Parcel Number: 36-22-29-1040-00-130
  • The Range: 0.00
  • Views: 14
  • Zoning Code: R-2B/T/AN