510 N Summerlin AVENUE Orlando, FL $ 849,000
510 N Summerlin AVENUE
$ 849,000
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510 N Summerlin AVENUE

Orlando, FL, 32803
$ 849,000
Baths0.0 Sq 1,903

Monthly Estimate*

$ 5,931

510 N Summerlin AVENUE, Orlando, FL 32803 - Image 1
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Studio

Multi-Family Home for sale in Orlando, FL

for $849,000. This 1,903 square foot home was built in 1925 on a lot size of 0.12.

Charming downtown triplex coming available now! Welcome to this exceptional triplex located in the heart of Downtown Orlando, offering an ideal investment opportunity or a perfect owner-occupied residence with additional rental income. This property boasts three distinct 1-bedroom, 1-bathroom units, providing the best of urban living with an abundance of modern features. Unit 1 and Unit 2 have undergone recent renovations in 2021, making them move-in ready and a tenant's dream. Each unit has been thoughtfully updated with brand-new kitchens, residents can stay comfortable year-round with the newly installed AC units, ensuring a pleasant atmosphere regardless of the outside temperature. For added convenience, both units also feature in-unit full-size laundry facilities, making daily chores hassle-free. Unit 3 stands as the largest unit of the triplex and is a standout with its inviting screened balcony on the second floor. This outdoor retreat is where tenants can relax, unwind, and enjoy the pleasant Orlando weather. The unit's spacious layout provides ample room for comfortable living and is sure to attract tenants seeking a tranquil and unique living experience. The location couldn't be more ideal, as this triplex is nestled in the vibrant and sought-after Downtown Orlando area. Residents will have easy access to an array of dining, entertainment, and cultural options, as well as proximity to major transportation hubs, ensuring a convenient commute to any part of the city. Investors will appreciate the potential for steady rental income, given the prime location and the appeal of the recently remodeled units. Owner-occupiers will also find themselves living in one of the units while renting out the others, making this triplex an excellent financial prospect. Don't miss this incredible opportunity to own a triplex with two extensively renovated units and a spacious screened balcony in the heart of Downtown Orlando. Whether you're looking for an income-generating property or a stylish residence with additional rental potential, this triplex is a must-see! Schedule your showing today and experience the best of urban living in one of Orlando's most vibrant neighborhoods.

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Multi-Family Active

Price

$ 849,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,996

Style

Triplex

Lot Size

0.12

Year Built

1925

Town/City

Orlando

County/Region

Orange

MLS | Web ID

O6129354

Features
General
Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Sewer Available Sewer Connected Water Available Water Connected
Roof Shingle
Exterior Features Irrigation System Sidewalk
Zoning R-2B/T/HP
Patio/Porch Features Covered Front Porch
Construction Materials Wood Frame
Year Built 1925
Property SubType Triplex
Tax Year 2022
Percent Ownership Fee Simple
County Orange
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name NEWKIRK SUB
Garage Y/N No
Status Active
Directions From i4 head East on E Colonial Drive and turn right on N Summerlin Ave house is on right past Mount Vernon Street.
High School Edgewater High
City ORLANDO
Buyer Agent Compensation 2%
Senior Community Y/N No
Total Units 3
MLS Area 32803 - Orlando/Colonial Town
Lot Size Square Feet 5015
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Summerlin
Listing Terms Cash VA Loan
Elementary School Lake Como Elem
Tax Annual Amount 4996
Middle/Junior High School Lake Como School K-8
Public Remarks Charming downtown triplex coming available now! Welcome to this exceptional triplex located in the heart of Downtown Orlando offering an ideal investment opportunity or a perfect owner-occupied resi
Ok to Lease 12 Months
Lease Considered Y/N No
Days on Market 243
Standard Status Active
Tax Lot 2
Legal Description NEWKIRK SUB E/56 LOT 2
Minimum Lease 7 Months
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Exterior
Water Source Public
Lot Size Area 5015
Foundation Details Crawlspace
Number of Buildings 1
Lot Size Acres 0.12
Road Surface Type Asphalt
Lot Size Units Square Feet
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Inside
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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* Excluded Features
List By
Olde Town Brokers Inc

Broker

parkerb@oldetownbrokers.com

Email

Affordability Calculator

$6,347
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,931
Monthly Property Taxes
$416
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3324659 Elementary School
3324645 Middle School
Edgewater High High School
Pricing History
DatePricePrice ChangeDescription
7/28/2023$839,000 Listed Price

Map


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510 N Summerlin AVENUE, Orlando, FL, 32803 is a Multi-Family Home for sale at $849,000 with 1,903 sqft and a lot size of 0.12. 510 N Summerlin AVENUE is a studio with 0.0 baths and was built in 1925. The property's zip code is 32803 which is in Orlando, FL