Under contract-accepting backup offers. The one you have been waiting for! Welcome to a well oiled, turnkey, updated, renovated, and cash flowing triplex in one of Orlandos most sought after areas. Completely rented out with fantastic tenants, this 2/1, 1/1, 1/1 three unit property needs nothing but a new owner to start making money immediately. Past the updated exterior and large shared driveway, the first unit awaits. A spacious living room/ dinning room greets you with plenty of room for friends and family. The kitchen boasts ample space and stainless appliances. W/D are inside as well making laundry day a breeze. There is a spacious bedroom up front, then another bedroom between the units updated full bathroom. Unit 2 is located on the backside of the main building. It also features similar style and updates. It is a studio style, with the bedroom and living space being connected, and also features an extremely tasteful full bathroom and covered back patio. Unit three is the detached ADU. It is also studio style which makes use of all the square footage. The property has a great sized backyard which is shared space for all three tenants. Current zoning also would allow the addition of another unit, so there is even more value to be had with this property. Some updates include: newer roof, tankless hot water, all new air conditioners, and more.
***Seller is also selling another triplex mls id: O6256632, and a two unit property: O6243117***
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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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $308 | $308 | $308 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,910 | $1,860 | $2,361 |
Total Monthly Payment | $2,293 | $2,243 | $2,744 |
* 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.