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Classified Listing

Listing ID #: 12381 Great Thornton Park Investment Property

  • Front House
  • 2/2 Living Area 1
  • 2/2 Living Area 2
  • 2/2 Bed 1
  • 2/2 Bed 2
  • 2/2 Bath 1
  • Stairway to 1/1
  • 1/1 Living Room
  • 1/1 Kitchen
  • Studio Living Area
  • Backyard 1
  • Backyard 2

Advertiser Info

 User:  mgriz4740

Member Since: Aug 2018


Page Views

For This Ad:   23

Ad Info

  • Date Posted:
  • August 3, 2018
  • Purchase Price:
  • $549,900
  • Number of Units:
  • 3

    Property Address:

  • Street:
  • 11 N. Mills Avenue
  • City:
  • Orlando
  • State:
  • Florida
  • Zip Code:
  • 32801
  • County:
  • Orange
Additional Details
  • Cap Rate:
  • NOI:
  • Condition:
  • Units Occupied:
  • Unit 1 Br/Ba:
  • Unit 1 Rent:
  • Unit 2 Br/Ba:
  • Unit 2 Rent:
  • Unit 3 Br/Ba:
  • Unit 3 Rent:
  • Separate Utility Meters:
  • Year Built:
  • Bldg. Sqft:
  • Lot Size:
  • Exterior:
  • Annual Tax:
  • Lockbox/Showing Info:
  • Property Management:
  • 6.3%
  • $34,900
  • Excellent
  • 100% Occupied
  • 2 Bed 2 Bath
  • $1,800/ Month
  • 1 Bed 1 Bath
  • $1,000/ Month
  • Studio/Efficiency
  • $775 /Month should be $900/m.
  • Yes
  • 1938 & 1940
  • 2892 sq. ft.
  • 60 x 124
  • Vinyl Siding
  • $5,358.00
  • Contact Agent/Owner
  • We Can Refer


Property Description

Thornton Park location, short walk to Thornton Park's restaurants, shopping, offices, Lake Eola Park, Downtown Orlando and more! This well maintained triplex has been updated but each unit has many of the original features to maintain that historic charm! There is an attached 1 car garage currently used for storage and an 8'x15' additional storage area for tenants. The property features a main house and a guest house with 2 separate units with each house/apartment having central air/heat and being separately metered there is also a laundry room and outdoor sitting area that is shared by all tenants on the property. The main house is a 2/2 + Office/Den and features hardwood floors, central air/heat, large living room with fireplace, french doors between living and office/den, larger of 2 bedrooms has built in dresser and each bedroom has large closet with light. The 1/1 is an upstairs apartment surrounded by palm trees giving the tenant an exotic tree house feeling and features views of downtown Orlando and has central air/heat with carpeting over wood flooring. The efficiency/studio apt is situated in the rear of the property and provides a quiet private experience for the tenant and also has central heat/air with large kitchen with plenty of cabinets for storage, large bathroom, carpeting and 2 closets.

What I love about the home
This property has 3 separate units and has a total of 3 bedrooms + office/den 4 bathrooms in approximately 2300 square feet. The front house 2 bed with den/2 bath was built in 1940 and has original hardwood floors in living, dining, office/den, and bedrooms. Many of the original features like corner cabinet, old telephone box and wrought iron features are still in house to add character. The guest house was built in 1938 and the 1/1 has many original windows with weights inside the wall and new ropes to allow windows to open and close. It has view of downtown buildings and view from living room is surrounded by palm trees giving that Key West feel to the apartment. The efficiency/studio has many modern updates but care was taken to preserve original wood doors and character that adds charm to the unit. Units are well placed so that each tenant/unit has privacy and quiet, feels like 3 separate single family properties. Last but certainly not least, all of this charm and located within beautiful Thornton Park with view of Lake Lawsona and only 5 minute walk to Dexter's, Burtons, Graffiti Junktion, etc, This property is a must see to really appreciate its charm and convenience to all that downtown Orlando has to offer.