1529 Indiana Street, ORLANDO, FL 32805
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  • MLS#: TB8375014 ( Residential )
  • Street Address: 1529 Indiana Street
  • Viewed: 8
  • Price: $375,000
  • Price sqft: $149
  • Waterfront: No
  • Year Built: 1936
  • Bldg sqft: 2516
  • Bedrooms: 7
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 36
  • Additional Information
  • Geolocation: 28.5258 / -81.4006
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32805
  • Subdivision: Rio Vista
  • Provided by: ANCHOR FLORIDA REALTY LLC
  • Contact: Rod Banks
  • 813-245-4412
  • mfrmls
  • DMCA Notice
  • Description
    Three small rentals on a double lot. This Orlando property is rare: three homes on one double lot with R 2 zoning. Bustling area. Each unit has separate meters and upgraded electric panels. There are two sports arenas nearby. The prime location, near Amway Arena, Orlando Regional Medical Center, and the Amazon Warehouse, ensures strong rental demand. While the homes require significant work, debris clean up, and lack HVAC, the current low rents present a substantial opportunity for increased income after renovations. Despite these drawbacks and the adjacent auto mechanic shop, the unique triplex configuration in a desirable location making this a compelling investment with significant upside potential for higher rental yields. This is a rare opportunity to acquire a multi unit property in the highly sought after Orlando hub. Per seller, potential commercial rezoning is possible.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other, Private Mailbox
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 2516.00
  • Roof: Metal, Shingle
Property Information
  • Property Condition: Fixer
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Interior Features: Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Legal Description: RIO VISTA J/138 LOTS 41 & 42
  • Levels: One
  • Area Major: 32805 - Orlando/Washington Shores
  • Occupant Type: Tenant
  • Parcel Number: 34-22-29-7448-00-410
  • Zoning Code: R-2