3059 MARTIN ST new Save Request In-Person Tour Request Virtual Tour
Orlando,FL 32806
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,308 sqft
Price per Sqft $226
Subdivision Greenbriar
MLS Listing ID O6340188
Bedrooms 6
HOA Y/N No
Year Built 1966
Annual Tax Amount $9,950
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Rare Quadplex Opportunity in the Heart of Downtown Orlando! This 4-unit property (2 units are 2bed/1bath, and 2 units are 1 bed/1bath) features immediate income with occupied tenants and long term hold value with a highly sought after location. A TURNKEY INCOME PROPERTY with a strong HISTORY OF STABLE TENANCY, supported by renovations and upgrades between 2020-2023, including FULL KITCHEN RENOVATIONS in 2 Units along with BATHROOM RENOVATIONS in 3 Units. Major system updates include NEWER ROOF (2020), HVAC SYSTEM (2021), and TANKLESS HOT WATER HEATERS in all four units. ELECTRICAL UPDATES were completed in 2020, and PLUMBING HOOKUPS FOR WASHER/DRYER were added to all units as well. Three units have WASHER + DRYER appliances included in the sale. 3 of 4 UNITS ARE OCCUPIED! Perhaps it's your chance to LIVE IN ONE UNIT and CASH FLOW the other already-occupied units! The property is legally classified as a QUADRUPLEX and zoned R-3 MULTI-FAMILY, offering flexibility for FUTURE REDEVELOPMENT OR EXPANSION. Only 3 MILES TO DOWNTOWN ORLANDO. Residents enjoy a vibrant lifestyle surrounded by LAKE EOLA PARK, the DR. PHILLIPS CENTER FOR THE PERFORMING ARTS, and near the PACKING DISTRICT of COLLEGE PARK, and the eclectic MILLS 50 DISTRICT, known for its cultural festivals and Michelin star dining scene. Adding to its value, the location provides EXCELLENT TRANSIT CONNECTIVITY with nearby SUNRAIL and Lynx Bus system. This combination of RENOVATED UNITS, STRONG RENTAL DEMAND, and CENTRAL ORLANDO LOCATION makes this quadplex a rare find with both CASH FLOW and APPRECIATION POTENTIAL. Don't miss this opportunity! Listing Photos showcase 2 of 4 units. More photos available upon scheduling. Please do not disturb or approach the tenants. All showings must be scheduled by appointment only.
Location
State FL
County Orange
Community Greenbriar
Area 32806 - Orlando/Delaney Park/Crystal Lake
Zoning R-3/MULTI-FAMILY
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Laundry Electric Dryer Hookup,Inside,Laundry Closet,Washer Hookup
Exterior
Exterior Feature Fence
Parking Features Driveway
Utilities Available Public
Roof Type Shingle
Porch Porch,Rear Porch
Garage false
Private Pool No
Building
Lot Description Corner Lot,Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Septic Tank
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Pershing Elem
Middle Schools Conway Middle
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None