Ann Blank
REALTOR®
BEDS0
BATHS
SQUARE FEET6,025
MLS#O6394900
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBUNGALOW PARK
Property Description
Under contract-accepting backup offers. 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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.31 Acres
Roof Type: Membrane
Taxes: $17,397
Year Built: 1966
Amenities
Living Room/Dining Room Combo
Balcony
Courtyard
Dog Run
Fence
Lighting
Feature Descriptions
Annual Net Income: 0.00
Directions: Mills and Elmwood
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.31
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 8
Utilities: Cable Connected
Water: Public
Water Access Y/N: No
Zoning: R-2B/T/AN
Local Schools
High School: Boone High
Elementary School: Blankner Elem
Listed By / Shown By
Listed By
Agency Name: OLDE TOWN BROKERS INC
Agency Contact: 407-425-5069
Shown By
Agent Name: Ann Blank
Agent Phone: (813) 908-8500
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 6,207.32 per month $4,206.32 Principal & Interest $1,449.75 Property Tax $551.25 Homeowner's InsuranceChange Payment Information
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1123 Elmwood Street | MLS# O6394900
This multi-family property located at 1123 Elmwood Street , Orlando, FL 32801 is currently listed for sale with an asking price of $1,890,000. Search Orlando real estate on ablank.floridaexecutiverealty.com today.