1509 Woodward STREET, #1-3, Orlando, FL, 32803 | $749,500

Discover the perfect investment opportunity with this fantastic income-producing triplex, ideally situated at 1509 Woodward St. This property includes a single-family home in the front and a duplex in the back, all tenant-occupied with a historically low vacancy rate. The design of the structures ensures privacy for each unit. The property features all new PEX plumbing as of December 2023, ample parking with two garages, and convenient on-site laundry for all units. Recent upgrades include a new front porch in March 2024, a new sidewalk in May 2023, and a new driveway in April 2020. Unit 3 had two new A/C units installed in February 2024. Pest management, including “seal-up and exclusion” for the entire property, was completed in June 2022. The single-family home has central air and heat, waterproof vinyl flooring and the roof is less than 10 years old. The duplex had a new roof installed in 2018.


Situated in the desirable Colonial town North neighborhood, this property is within close distance to popular amenities such as Starbucks, 7-11, and Publix. The location offers a variety of dining and leisure options and is nestled on a quiet, tree-lined street, providing a serene setting while being close to urban conveniences.

Don't miss out on this exceptional investment opportunity in a highly sought-after area. Contact us today to schedule a viewing!

Features

  • Bedrooms: 4
  • Units: 3
  • Laundry: In Garage, Inside
  • Year Built: 1922
  • Garage: 2-car Ground Level, Off Street
  • Heating: Central, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 2,586
  • Acreage: 0.14
  • Est. Taxes: $7,556
  • Lot Desc: Sidewalk, Street One Way
  • Elem. School: Audubon Park K8
  • High School: Edgewater High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Lease Terms: 12 Months
  • MLS#: O6224690
  • Days on Market: 102 days
  • Website: https://www.raveis.com
    /prop/O6224690/1509woodwardstreet_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 12:19:24 AM)
Listing courtesy of SPECIALIZED PROPERTY MANAGEMENT   Phone: 407-682-3355

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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1509 Woodward STREET, #1-3, Orlando, FL, 32803

$749,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $599,600 $599,600 $599,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $630 $630 $630
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,989 $3,985 $5,141
Total Monthly Payment $4,711 $4,707 $5,863

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.