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Rare 3-Unit Income Opportunity in the Heart of Kissimmee! No HOA. Thoughtfully configured into three fully separated living areas, this unique property includes a main unit with 3 bedrooms and 2 bathrooms, plus two separate studio-style units, each with its own private entrance, kitchen, and patio area for privacy and flexibility. With a total of 5 bedrooms and 4 bathrooms, this setup is ideal for homeowners, extended families, or investors. Whether you're looking to grow your rental portfolio or live in a home that helps cover your mortgage, don’t miss this incredible opportunity. The property is fully rented, offering immediate rental income or the option to live in one unit while renting the others. The roof was replaced in 2023, and all units have new A/C systems. Sitting on a 7, 492 sq ft lot, it also features a spacious backyard perfect for relaxing or entertaining. Conveniently located just 20 minutes from Disney and Orlando International Airport, with easy access to US-192, Osceola Parkway, Florida’s Turnpike, and SR-417. Best of all, there’s no HOA, giving you more freedom and fewer restrictions. Financing programs available for investment loans. Schedule your private showing today and explore the potential of this one-of-a-kind property. Photos reflect the main residence only; additional units are not shown for tenant privacy.
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Our Executive Mortgage Banker:
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$478,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $383,120 | $383,120 | $383,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $451 | $451 | $451 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,359 | $2,419 | $3,181 |
| Total Monthly Payment | $2,885 | $2,945 | $3,707 |
* 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.