1405 40th Street

Orlando, FL 32839

$400,000
Price
—
Beds
1,560 Sq. Ft.
$256 / Sq. Ft.
1,560
Sq. Ft.
$256
per Sq. Ft.

Description

Amazing opportunity to own an income producing triplex in the Orlando area. All 3 units are leased with long term tenants who have a good payment history. Each unit consists of 2 beds and 1 bath with plenty of parking space and fenced in for privacy. Property sits on a large corner lot with opportunity to add another unit for more income. Located west of Downtown, close to I-4 for easy access to other major Orlando areas, and a few minutes away from Millenia Mall and restaurants. Units are tenant...Amazing opportunity to own an income producing triplex in the Orlando area. All 3 units are leased with long term tenants who have a good payment history. Each unit consists of 2 beds and 1 bath with plenty of parking space and fenced in for privacy. Property sits on a large corner lot with opportunity to add another unit for more income. Located west of Downtown, close to I-4 for easy access to other major Orlando areas, and a few minutes away from Millenia Mall and restaurants. Units are tenant occupied, please do not drive on the property unless you have permission. Cash only
  1. Listed by Yadier Navarro Martell, PA • LA ROSA REALTY ORLANDO LLC

Property Details for 1405 40th Street

Subdivision Name
ANGEBILT ADD
Township
23
Waterfront
No
LISTING UPDATED: 11/07/2024 12:54 PM

Property Details for 1405 40th Street

StatusActive
MLS #S5107276
Days on Market118
Taxes$2,608 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1954
Lot Size0.37 AC / 16,195 SF
CountyOrange County

Building Information for 1405 40th Street

Stories-Residences3Year Built1954Building Size-Lot Size0.37 AC / 16,195 SF

Property Information for 1405 40th Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: I-4 East, Exit 80A towards S. Orange Blossom Trail, turn right on 40th St. Property is located on the right immediately after crossing Nashville Ave.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1405
  • Street Name: 40TH
  • Street Suffix: STREET
  • State: FL
  • City: ORLANDO
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 108
  • Tax Book Number: J-124
  • Tax Legal Description: ANGEBILT ADDITION NO 2 J/124 THE E 20 FTOF LOT 22 & LOTS 23 & 24 BLK 108
  • Tax Lot: 22
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 03-23-29-0183-18-221
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 3
  • Water Access: No
  • Water Extras: No
  • Zoning: R-1A
  • Living Area: 1560
Property and Assessments
  • Year Built Numeric: 1954
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 29
  • Public Survey Section: 03
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Central
  • Interior Features: Other
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $54,000.00
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Garage Attached 1: No
  • Unit Type Heated Sq Ft 1: 520
  • Unit Type Pro Forma 1: 1500
  • Unit Type Type 1: 2 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Garage Attached 2: No
  • Unit Type Heated Sq Ft 2: 520
  • Unit Type Pro Forma 2: 1500
  • Unit Type Type 2: 2 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Garage Attached 3: No
  • Unit Type Heated Sq Ft 3: 520
  • Unit Type Pro Forma 3: 1500
  • Unit Type Type 3: 2 Bed/1 Bath

Property History for 1405 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1405 40th Street

Taxable ValueLand$62,000Additions$86,847Total$148,847
Tax Record2023$2,608 ($217 / month)
Home Facts
Beds2Total Finished SqFt520 SqFtAbove Grade Finished SqFt520 SqFtStories1Lot Size16,195 SqFtStyleSingle Family ResidenceYear Built1954Year Renovated1965ZoningR-1ACountyORANGEAPN03-23-29-0183-18-221

Schools near 1405 40th Street

This home is within Orange County Public Schools.
Rating
School
Type
Grades
Distance
Pineloch Elementary School
Public - PK to 5
Cornerstone Academy Charter
Charter - K to 8
Memorial Middle School
Public - 6 to 8
Jones High School
Public - 8 to 12
Rating
School
Distance
Pineloch Elementary School
PublicPK to 5

Cornerstone Academy Charter
CharterK to 8

Memorial Middle School
Public6 to 8

Jones 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.

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More information about 1405 40th Street, Orlando, FL 32839

1405 40th Street is a multi-family home for sale in Orlando, FL 32839. This property was listed for sale on June 24, 2024 by LA ROSA REALTY ORLANDO LLC, it's currently listed at $400,000. It has been on the market for a total of 118 days and was last sold on May 9, 2005. This listing's school district is Orange County Public Schools. Nearby schools include Pineloch Elementary School, Cornerstone Academy Charter and Memorial Middle School. 1405 40th Street is a 0-bed, 0-bath, 1,560 sqft multi-family home built in 1954.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LA ROSA REALTY ORLANDO LLC, Yadier Navarro Martell, PA

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: 11/07/2024 12:54 PM