$1,700,000
Pending · 5 days on market · MLS# MFRS5135466
| Bedrooms | 14 |
|---|---|
| Living area | 5,376 sq ft |
| Lot size | 0.28 acres |
| Year built | 1955 |
| Property type | Multi Family |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $27,661 |
| County | Orange |
Under contract-accepting backup offers. Welcome to 1216 Virginia Dr, a prime cash-flowing investment opportunity located in the heart of Downtown Orlando! This 8-unit multifamily property offers unbeatable location appeal, just minutes from top restaurants, shopping, and entertainment in one of Orlando’s most vibrant and walkable neighborhoods. The building is remodeled, offering a strong mix of updated interiors and long-term upside. 6 out of 8 units feature in-unit laundry, a highly desirable amenity that commands higher rents and reduces turnover. The property has been well maintained, with significant updates already completed—ideal for investors looking for immediate returns with minimal effort. With strong rental history and solid in-place income, this is your chance to own a turn-key asset in one of Central Florida’s most sought-after urban cores. Don't miss out on this rare opportunity in the Downtown Orlando market
Listing courtesy of Victor Avila, LPT REALTY, LLC. Presented by MC Homes Realty Inc · 727432218.