2409 Winston Avenue

Orlando, FL 32810

$290,000
Last Sold Price
3
Beds
3
Baths
1,349 Sq. Ft.
$215 / Sq. Ft.
1,349
Sq. Ft.
$215
per Sq. Ft.

Description

Rare turnkey, already cash flowing asset in the quietest corner of Lake Fairview! The landlord’s retirement offers you the unique chance to snatch up this approved triplex, boasting three high quality 1/1 units, at a hard to come by 8.4% cap rate as-is. Pros: All units currently rented on 1 year leases, with never a day of vacancy in the last 5 years. Separate meters and water heaters per unit. Separate kitchen with fridge/oven for each. Property has been professionally maintained, with service records...Rare turnkey, already cash flowing asset in the quietest corner of Lake Fairview! The landlord’s retirement offers you the unique chance to snatch up this approved triplex, boasting three high quality 1/1 units, at a hard to come by 8.4% cap rate as-is. Pros: All units currently rented on 1 year leases, with never a day of vacancy in the last 5 years. Separate meters and water heaters per unit. Separate kitchen with fridge/oven for each. Property has been professionally maintained, with service records available. New roof in 2017, with transferable warranty. Units A & B fully remodeled 5 years ago, Unit C fully remodeled last month. Cons: No central air. Separate window AC units per unit (Unit A & B 5 years old, Unit C 1 year old). Water heater ages unknown for Unit A & B, 1 year old for Unit C. A few windows are difficult to open and might need replacement, but nothing broken. Investor notes:
Current LTR rental gross: 33,300 /yr, but two long-term residents at less than market rate. Market rate rent in current condition: $36,000 /yr, with a waiting list for occupancy. Tenants pay own utilities, except for water. Current expenses: $5,000 /yr for maintenance, water, insurance, lawncare and taxes. No HOA/CDD. Feel free to soft pitch offers to listing agent before writing anything up. No assignable contracts accepted. Seller financing possible with a very large downpayment. Unit C is temporarily vacant until 11/1 for renovations and on a lockbox. Easy to show.
  1. Listed by Richard Peters • CHARLES RUTENBERG REALTY INC

Property Details for 2409 Winston Avenue

Subdivision Name
FAIRVIEW GARDENS
Township
22
Waterfront
No

Location

Listing Courtesy of CHARLES RUTENBERG REALTY INC, Richard Peters

Sold By TRIDENT REALTY, James Reid, III

Add your commute
LISTING UPDATED: 01/30/2024 08:13 AM

Property Details for 2409 Winston Avenue

StatusSold
MLS #T3476589
Days on Market81
Taxes$1,633 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size0.29 AC / 12,510 SF
CountyOrange County

Location

Listing Courtesy of CHARLES RUTENBERG REALTY INC, Richard Peters

Sold By TRIDENT REALTY, James Reid, III

Add your commute

Building Information for 2409 Winston Avenue

Stories-Year Built1948Building Size-Lot Size0.29 AC / 12,510 SF

Payment Calculator

$1,719 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,583

Property Taxes

$136

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2409 Winston Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1681.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • Directions: From I-4, take Lee Road south to Edgewater Dr, turn right. Turn left on Aloha Street which becomes Winston Ave in 1 block. 2409 Winston is on the corner of Winston and First Street.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Limited Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2409
  • Street Name: WINSTON
  • Street Suffix: AVENUE
  • State: FL
  • City: ORLANDO
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Common, None
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Pet Restrictions: Approved on a case by case basis
  • Tax Block: A
  • Tax Book Number: K-39
  • Tax Legal Description: FAIRVIEW GARDENS K/39 LOTS 7 & 8 BLK A
  • Tax Lot: 7
  • Tax Year: 2021
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 04-22-29-2612-01-070
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 1349
Property and Assessments
  • Year Built Numeric: 1948
  • Flood Zone Code: X
  • Flood Zone Date: 09-25-2009
  • Flood Zone Panel: 12095C0235F
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 29
  • Public Survey Section: 04
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Lighting
  • Fencing: Chain Link
  • Foundation Details: Crawlspace
  • Levels: One
  • Patio And Porch Features: Front Porch, Screened
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 3
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Heating: Other
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Level 1: First
  • Room Type 1: Kitchen
Room 2
  • Room Level 2: First
  • Room Type 2: Primary Bedroom
Room 3
  • Room Level 3: First
  • Room Type 3: Living Room
Rental
Rental Information
  • Currency Monthly Rent Amt: $2,775.00
  • Days Notice To Tenant If Not Ren: 30 days
  • Minimum Lease Period: 0
  • Pets Allowed: Breed Restrictions, Yes

Property History for 2409 Winston Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2409 Winston Avenue

Taxable ValueLand$32,000Additions$59,430Total$91,430
Tax Record2023$2,057 ($171 / month)
Home Facts
Total Finished SqFt1,349 SqFtAbove Grade Finished SqFt1,349 SqFtStories1Lot Size12,510 SqFtStyleTriplexYear Built1948Year Renovated1955ZoningR-2CountyORANGEAPN04-22-29-2612-01-070

Schools near 2409 Winston Avenue

This home is within Orange.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 6 to 8
Public - 8 to 12
Rating
School
Distance
Lake Weston Elementary School
PublicPK to 5

Cornerstone Academy Charter
CharterK to 8

Lockhart Middle School
Public6 to 8

Winter Park High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CHARLES RUTENBERG REALTY INC, Richard Peters

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/30/2024 08:13 AM