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Under contract-accepting backup offers. Exceptional multifamily opportunity in the heart of College Park, one of Orlando’s most established and consistently sought-after neighborhoods. This well-positioned 6-unit property spans two residential buildings plus a garage/laundry on a combined lot, offering a rare blend of walkability, accessibility, and long-term appeal in a high-demand rental corridor.
The property includes a single-story duplex at 35 E Winter Park Street, featuring a 2-bedroom/2-bath unit and a 2-bedroom/1-bath unit, as well as a two-story four-unit building at 41 E Winter Park Street with four 1-bedroom/1-bath residences - two upstairs and two downstairs. Each unit is individually metered for electricity and equipped with its own water heater, allowing for efficient utility usage. Tenants pay their own electric service. All units have been updated with modern kitchens and bathrooms with stone counters (most have stainless steel appliances) and stylish tiled bath surrounds. See the photos of each unit, attached.
A shared on-site laundry facility with a full-size washer and dryer adds convenience for residents, while the detached rear garage structure provides separate rentable garage stalls, each with an additional reserved parking space in front. The property also offers a CCTV system, and a private parking lot with eight open spaces plus an additional space in front of the duplex, ensuring ample parking for tenants.
Location is prime! Situated in College Park adjacent to the I-4 / Princeton Street exit, the property provides quick access to Downtown Orlando, AdventHealth, major employment centers, and area attractions, while remaining just one mile from Publix, Starbucks, and everyday conveniences. The College Park Community Center - with its pool, fitness facilities, and recreational amenities - is located nearby, enhancing the neighborhood’s livability and tenant appeal.
This property combines a strong location, a practical mix of units, and ample parking, making it well-suited for investors seeking a stable, well-positioned multifamily asset in the College Park area.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.110% | 6.078% |
| Monthly Tax Payment | $829 | $829 | $829 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,757 | $5,996 | $8,371 |
| Total Monthly Payment | $6,711 | $6,950 | $9,325 |
* 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.