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$850,000

5214 Josephine Street Orlando, FL 32803 Multi Unit - Multiple Active

  • 5214 Josephine Street , Orlando, FL 32803 Main Photo

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Description

Investor opportunity in a high-demand infill location between Baldwin Park and Downtown Orlando! This fully occupied triplex offers three separately rented 2-bedroom, 1-bath units-6 bedrooms and 3 bathrooms in total-providing immediate rental income from day one.The single-story block property offers approximately 2,472 square feet of living area on a corner lot of approximately 0.27 acre. Each residence features durable tile flooring and its own separate laundry room, creating a practical layout for tenants and easier ongoing maintenance for ownership.Important capital improvements include repiping and electrical updates to all three units in 2021, one septic system replaced in 2022, the second septic system serviced/pumped in 2025, and a new A/C system in Unit 5214.Rood 2015Location is a major advantage. The property is positioned near Baldwin Park's restaurants, shopping, parks and recreation, while Downtown Orlando is only minutes away. Convenient access to Colonial Drive and SR 408 connects residents to employment centers, healthcare, shopping and entertainment throughout Central Florida.With all three units occupied, separate living spaces and major systems already improved, this property is well positioned for an investor seeking current income, simplified maintenance and lasting rental appeal in the heart of Orlando. This is a beautiful community surruonded for homes, waliking and byke trails.Please do not disturb tenants. Showings by appointment only. Buyer to independently verify leases, rents, deposits, expenses, measurements, permits, zoning and all information material to the purchase.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: None
Lot Size: 0.27 Acres
Roof Type: Shingle
Taxes: $7,226
Year Built: 1979

General Information

Bedrooms: 6
Sqft: 2,472
County: Orange
High School: Winter Park High
Subdivision: SECOND
Listed By:
Jackie Cavada-Barrero LPT REALTY, LLC 877-366-2213

Amenities

Living Room/Dining Room Combo
Open Floorplan
Stone Counters
Courtyard
None

Property Features

Annual Net Income: 57600.00
Days on Site: 1
Directions: From 408 exit Semoran Blvd (436) towards S. Semoram blvd, left onto Old Cheney Hwy, righ onto Josephime St to the property
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Block, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Private Financing Available
Lot Dimensions: 0.27
Other Equipment: None
Ownership: Fee Simple
Pets Allowed: No
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Appointment Only, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Public, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-2
$850,000
6beds
2,472sqft
New to the Market Active
BEDS6 BATHS SQUARE FEET2,472 MLS#O6430470
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSECOND

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5214 Josephine Street , Orlando, FL 32803.

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Estimated Payment

$ 3,716.99 per month $2,866.91 Principal & Interest $602.17 Property Tax $247.92 Homeowner's Insurance

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