Situated in one of Orlando’s most established areas, just outside of Azalea Park and Lake Underhill, this property presents a prime opportunity for the savvy investor. The main home features 3 bedrooms and 2 bathrooms, while the detached ADU (Accessory Dwelling Unit) in the rear offers a studio layout complete with a full bathroom and a compact kitchenette — ideal for rental income or multi-generational living.
To unlock the property’s full potential, we recommend updating both structures with fresh exterior paint, considering roof replacements, and making cosmetic upgrades. With multifamily units in high demand and generating strong returns, this property is well-suited for a long-term, buy-and-hold strategy. Current rental comps suggest the main 3-bedroom home could bring in $1,700 – $2,000 per month, while the studio unit could rent for approximately $1,000 monthly, turning this into a potential cash-cow rental.
For those looking to renovate and resell, nearby comps support a strong flip exit strategy. A smaller, two-bedroom home across the street recently sold for $275,000, indicating this property could command closer to $300,000 after renovations. With multiple profitable paths to consider, this is a versatile investment opportunity you don’t want to miss.
Reach out to your EquityPro Advisor today to secure this deal before it’s gone.