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1627 TRIANGLE AVENUE, Orlando, FL, 32806 | $499,990
Under contract-accepting backup offers. This recently updated 3-bedroom, 1-bathroom home with a separate studio mother-in-law suite presents an incredible opportunity for investors and homeowners alike. Whether you're looking for a steady rental income stream or a versatile living arrangement, this property is ready to deliver. Both the main house and the studio have been meticulously maintained and are in move-in ready condition, offering a fantastic blend of comfort and potential.
The main house has previously rented for up to $2, 950 per month, while the studio, featuring a private entrance, has brought in up to $1, 350 per month—providing the potential for an impressive total monthly income of $4, 300! This setup is perfect for investors seeking strong cash flow or homeowners who want to offset their mortgage by renting out the studio.
Beyond its income potential, the property offers ample storage space with a 200-square-foot cement block shed, ideal for tools, equipment, or personal belongings. The spacious yard provides additional possibilities for future enhancements, whether it be a garden, outdoor entertainment space, or even further expansion.
Centrally located just a few miles from downtown Orlando, this home offers unmatched convenience. With quick access to major highways like 408 and I-4, commuting is a breeze. Enjoy the best of Orlando’s attractions, including world-famous theme parks just 30 minutes away or a relaxing beach getaway in under an hour.
This property offers endless possibilities—a perfect fit for a family looking to generate additional rental income, an investor looking for a high-yield opportunity, or even a first-time homebuyer looking for affordability with the added benefit of a rental unit. Don’t miss out on this rare opportunity—schedule your showing today and unlock the full potential of this incredible home!
Features
- Rooms: 8
- Bedrooms: 4
- Baths: 2 full
- Laundry: Inside, Laundry Room
- Year Built: 1955
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,378
- Acreage: 0.14
- Est. Taxes: $5,783
- Elem. School: Lake Como Elem
- Middle School: Lake Como School K-8
- High School: Boone High
- Pet Policy: Breed Restrictions
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- MLS#: O6284018
- Days on Market: 51 days
- Website: https://www.raveis.com
/prop/O6284018/1627triangleavenue_orlando_fl?source=qrflyer
Listing courtesy of KELLER WILLIAMS WINTER PARK Phone: 407-545-6430
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1627 TRIANGLE AVENUE, Orlando, FL, 32806
$499,990
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,992 | $399,992 | $399,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
| Monthly Tax Payment | $482 | $482 | $482 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,463 | $2,628 | $3,322 |
| Total Monthly Payment | $3,020 | $3,185 | $3,879 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388