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1529 Indiana St Orlando, Florida 32805 MLS# MFRTB8375014
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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