$300,000
Pending · 3 days on market · MLS# MFRS5137081
| Bedrooms | 3 |
|---|---|
| Bathrooms | 3 |
| Living area | 1,600 sq ft |
| Lot size | 0.22 acres |
| Year built | 2005 |
| Property type | Single Family Residence |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $90 |
| Annual taxes | $1,065 |
| County | Osceola |
Under contract-accepting backup offers. Triple-Threat Investment: Turnkey Triplex Conversion with Immediate Cash Flow in Poinciana Village 2 Seize a strategic investment opportunity with this unique single-family home, expertly converted to operate as three independent rental units, situated in the high-growth area of Poinciana Village 2, Osceola County. Built in 2005, this property is designed for maximum return and reliable cash flow, offering over 1,600 total square feet on a spacious lot. This is a powerful, high-density asset ready to be the anchor of your investment portfolio. INVESTOR ADVANTAGE & FINANCIAL BENEFITS This is not a typical single-family rental; it’s a cash flow machine with three streams of income under one roof. Investors benefit from newer 2005 construction, which typically means lower immediate maintenance costs compared to older multi-family properties. Crucially, the home is located in Flood Zone X, providing a significant advantage by eliminating the requirement for mandatory flood insurance, thereby maximizing your net operating income. Located in a booming Central Florida submarket, the property is poised for continued tenant demand and appreciation potential. PROPERTY HIGHLIGHTS & TENANT APPEAL The property offers essential amenities that attract and retain quality tenants: Three Units: A strategic conversion delivering a rare density of income for the area. Outdoor Living: Tenants enjoy a generous lot that includes a fenced backyard with a patio, offering a valuable, shared space perfect for outdoor relaxation, dining, and family time in the Florida sunshine. Convenient Location: Situated in a growing, established community, the home offers easy access to local neighborhood parks, walking trails, shopping, dining, and schools. Superior Connectivity: The location provides quick access to major roadways, ensuring a fast commute to Orlando’s world-class employment centers and attractions.
Listing courtesy of Karina Garate, EXP REALTY LLC. Presented by MC Homes Realty Inc · 727432218.