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+13215677992
Landshark Realty
1123 Elmwood Street, Orlando, FL 32801
- $1,850,000
- 6,025
- SqFt
- Sold Price
- $1,850,000
- List Price
- $1,890,000
- Closing Date
- May 26, 2026
- MLS#
- O6394900
- Type
- Multifamily
- Living Area
- 6,025
- Lot Size
- 13,664
- Subdivision
- Bungalow Park
- Year Built
- 1966
Property Description
Well-maintained 8-unit multifamily property in a desirable Orlando location. The building consists of four 1/1 units and four 2-bedroom units, featuring two distinct 2-bedroom layouts, providing a strong and diversified unit mix. Constructed of solid concrete block, the property has a new roof installed in 2024 and fresh interior paint, reflecting pride of ownership and limited near-term capital needs. The property is situated on a corner lot with excellent parking, including reserved spaces for all units: one space per 1/1 unit and two reserved spaces for each 2-bedroom unit, plus additional street parking along Elmwood. The two-story stacked flat layout includes clean, recently input a new stairwell and well-maintained common areas. The property benefits from a history of long-term tenants with minimal turnover, contributing to stable occupancy and consistent income. Located in an area known for excellent schools, the property experiences strong tenant demand and durability across market cycles. Current rents provide solid in-place income with potential upside, making this an ideal opportunity for an investor seeking a clean, stabilized small multifamily asset in a supply-constrained market. Cash buyers only!
Additional Information
- Community Features
- No Deed Restriction
- Style
- Multi-Family 5+
- Interior
- Living Room/Dining Room Combo
- Interior Features
- Living Room/Dining Room Combo
- Exterior Construction
- Block
- Exterior
- Balcony, Courtyard, Dog Run, Fence, Lighting
- Roof
- Membrane
- High School
- Boone High
- Elementary School
- Blankner Elem
- Utilities
- Cable Connected
- Heating
- Central
- Cooling
- Central Air
- Pool Type
- No Pool
Listing courtesy of OLDE TOWN BROKERS INC. Selling Office: C BRENNER INC.
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