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2409 Winston Avenue

Orlando, FL 32810

3 beds
3 baths
1,349 sqft
12,510 sqft lot
$214 per sqft
1948 build
– on site

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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.

Listing courtesy of STELLAR_MLS / CHARLES RUTENBERG REALTY INC

Last checked: Checking… • Last updated Oct 14, 2024 •

MLS# T3476589 —

The Building

Year Built:

1948
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Crawlspace
Patio And Porch Features:

Front Porch
Building Area Total:

1681
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1349
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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.
Latitude:

28.605094
Longitude:

-81.411242
Coordinates:

-81.411242, 28.605094

The Property

Parcel Number:

042229261201070
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Lot Size Acres:

0.29
Lot Size Area:

12510
Lot Size SqFt:

12510
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-2
Direction Faces:

South
View:

false
Exterior Features:

Lighting
Fencing:

Chain Link
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12095C0235F
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Lot:

7
Tax Block:

A
Tax Legal Description:

FAIRVIEW GARDENS K/39 LOTS 7 & 8 BLK A
Tax Book Number:

K-39
Tax Annual Amount:

1633

Beds

Bedrooms Total:

3

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Other
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Septic Tank

Appliances

Appliances:

Electric Water Heater

The Community

Subdivision Name:

FAIRVIEW GARDENS
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Breed Restrictions
Pet Restrictions:

Approved on a case by case basis
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Parking Features:

Common

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$198/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
1/29/24 Jan 29, 2024	Sold	STELLAR_MLS	$290,000	-6.8%
1/6/24 Jan 6, 2024	Pending	STELLAR_MLS	$311,000
1/2/24 Jan 2, 2024	Relisted	STELLAR_MLS	$311,000	-4.3%

House Sold on 1/29/2024

$290,000

Listing provided by broker:

Richard Peters

CHARLES RUTENBERG REALTY INC

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Listing Courtesy of: STELLAR_MLS and CHARLES RUTENBERG REALTY INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

2409 Winston Avenue

Orlando, FL 32810