115 ORCHID DRIVE
115 ORCHID DRIVE
115 ORCHID DRIVE
115 ORCHID DRIVE
115 ORCHID DRIVE
115 ORCHID DRIVE
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Sold

115 ORCHID DRIVE

115 ORCHID DRIVE, DAVENPORT, FL 33897

$285,000
Calling all investors! This property is technically a townhome, but it has multi-family qualities. 4 bedroom/3 bathroom properties in this community typically yield the highest return on investment, due to their size. The current owner receives two separate incomes (aka 2 rents each month). The back of the property is a townhome-style, two-story 3 bedroom, 2 bathroom unit. A NEW AC was just installed within the last year. The front unit, often referred to as a studio or lockout, is currently rented by a separate tenant. Some lockout units in this community are not large enough for a kitchenette or to be rented separately, but this one does have a KITCHENETTE and separate FULL BATHROOM. The AC was also recently replaced. The property is professionally-managed, and both tenants have been in the property successfully for over 2 years. The HOA is affordable at $206/month and covers roof replacement, exterior maintenance, and amenities. They replaced the roofs in this community around 2018, and the exteriors were repainted in 2019-2020. Amenities include a swimming pool, kiddie pool, clubhouse, fitness center, tennis courts, basketball courts, and sand volleyball court. This community DOES ALLOW SHORT TERM RENTALS. The location is outstanding, with a Publix shopping plaza at the end of the street. Access to Hwy 192 is less than 4 miles away, and access to Interstate 4 is less than 8 miles away. Disney’s Magic Kingdom front gates are less than 14 miles away, and Animal Kingdom, waterparks, golf courses, etc. are even closer. This makes the property location highly rentable (or livable), as many work and leisure opportunities are close by.

4
beds

3
baths

1,748 Sq.Ft. LIVING AREA

984 Sq.Ft. lot

KRISTIN DUNCAN

KRISTIN DUNCAN

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms3
  • full bathrooms3
  • Laundry room Laundry Closet
  • Flooring Carpet, Tile, Vinyl
  • APPLIANCES Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • other interior Features Ceiling Fans(s), Master Bedroom Upstairs, Open Floorplan, Thermostat, Walk-In Closet(s)

Area & Lot

  • Status Sold
  • Living Area1,748 Sq.Ft.
  • Lot Area984 Sq.Ft.
  • MLS® IDO6039746
  • TypeResidential
  • YEAR BUILT2002

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
  • roofShingle
  • lot featuresSidewalk, Paved
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air, Mini-Split Unit(s)
  • sewerPublic Sewer
  • SubstructureWood Siding
  • HOA AmenitiesClubhouse, Gated, Pool
  • other exterior FeaturesRain Gutters, Sidewalk, Sliding Doors

Financial

  • Sales Price$285,000
  • Real Estate Tax $2,541/yr
  • HOA Fees $206/mo
115 ORCHID DRIVE
115 ORCHID DRIVE

This property is technically a townhome.

– Kristin Duncan
115 ORCHID DRIVE

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