Listing Details for MLS # O6280567
728 N Summerlin Avenue, Orlando, Fl 32803

Residential Property - Single Family Residence in Orlando

Listing Price: $825,000Days on Market: 60

Description of Property

Exceptional Investment Opportunity in Downtown Orlando! Discover a rare and lucrative find in the heart of Park Lake Highland—this property includes a charming attached triplex and a beautifully preserved historic single-family home, offering four separate units in one unbeatable location. Whether you're an investor seeking strong rental income or a homeowner looking to offset your mortgage, this is an opportunity you won’t want to miss. The attached triplex features three individual units, each with its own entrance and character, providing excellent income potential. All units are currently leased, delivering immediate cash flow. Set back from the main home, the triplex offers privacy for residents while maintaining convenience and efficiency for the owner. The front 3-bedroom, 2-bathroom historic home spans 2,080 SQFT and is currently vacant—ready to be customized as a primary residence or rented for additional income. With original architectural charm, generous living spaces, and two private garage spaces, this home adds both function and flexibility to the property. HVAC in the main house was updated in 2023, the triplex units all have split units. Water heater for the main house also heats the bottom unit of the triplex. Perfectly positioned just minutes from Lake Highland Prep, with easy access to I-4, Colonial Drive, the 408, and Orange Ave, this location is as strategic as it is desirable. A five-minute drive places you in the vibrant College Park community with its local shops, dining, and culture. Live in the front home while the triplex pays the bills, or lease all four units for a powerful, centrally located income-producing property. The possibilities are endless and the potential is undeniable. Opportunities like this don’t come around often—schedule your private showing today and explore the possibilities that await!The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $633,014. This single family residence is listed at about 130% of the average asking price. There are 11 3 bedroom/2 bath homes between $600,000 and $1,000,000 currently listed for sale in this Zip code. See other listings like this one »