$495,000
Under contract-accepting backup offers. Exceptional Investment & Development Opportunity in College Park! Rare opportunity to own a 0.55 acre corner parcel in one of the Orlando area's most desirable and rapidly growing locations. This unique property features three existing homes, offering multiple possibilities for investors, builders , or homeowners looking to create something special. Two of the existing residence are ideal candidates for renovation and can provide excellent rental income, while the third best suited for demolition. Whether your looking to renovate, build your dream home, develop multiple residences, or hold as an income- producing investment , this property offers tremendous flexibility. There is also the potential to subdivide the property into three separate lots(buyer to verify). The two livable homes include refrigerators, washer and dryer, water heater, septic tanks, newer drain field. Recent improvements on the 2 homes include roof - 04/22, updated plumbing-05/24. newer water heater, newer drain field. Located in quiet, established neighborhood with convenient access to College park, Winter Park, Downtown Orlando and I-4access.This property is ideally positioned near shopping, dining, entertainment , parks, and major employment centers. Properties offering this combination of size, income potential and redevelopment opportunities are becoming increasingly rare. Don't miss your chance to secure this exceptional investment before its gone!
See Realtor remarks for home information and rezoning.
5
Beds
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3
Baths
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O6425549
MLS
4916 Eli Street, Orlando